Payday loans

welcome to the forum,first we need some info.

1)how many pdl's
2)how much borrowed from each
3)how much paid total to each.include rollovers and fees

you see,pdl's are prohibited in NC.therefore you only owe the principle borrowed.anything debited goes toward that loan.these pdl's will fight you on this,but they are illegal in your state.first though,you must close your account or put a hard block on it.this will stop these illegal pdl's from taking any more of your money and puts you in control of your money.please provide the info requested and again welcome.we can and will help you here.

Unitedcashloans.com $325.00 75.00 of it is the finance charge
ZIP19.com $926.86 $178.00 of it is the finance charge

Discountadvances.com $313.41 $77.50 of it is the finance charge

ezpaydaycash.com $260 not sure the finance charge maybe $70.00

Loanshop.com $212.00 $78.00 of it is finance charge.

Paydayloanyes.com $455.00 $105 of it is the finance charge

oneclickcash.com $195.00 $45 of it is renew fee

mypaydayloan.com $306.80 $70.00 is renew fee.

NC internet payday lenders are not legal, either because of restrictive laws, or because the state does not license companies not located in that state, but requires a state issued license to lend. All of your lenders are not licensed or legal to lend to NC residents.


Quote:

are the second amounts all you have paid so far?

Legal Status: Prohibited (N.C. Gen. Stat. ???? 53-281 authorizing payday loans allowed to sunset in 2001)

Citation:
The consumer finance act applies. N.C. Gen. Stat. ???? 53-173

Small Loan Rate Cap
36% per year

Where to Complain, Get Information:
Regulator: North Carolina Attorney General (See also Commissioner of Banks)
Address: NC Attorney General's Office 9001 Mail Service Center Raleigh NC 27699-9001
Phone: (919) 716-6400

I hope the information below will help you. :)
You are only obligated to pay back the principal amount you borrowed from an unlicensed/illegal Internet Payday Lender.

[quote]What should you do?
Close your account asap, if you are unable to close your account, go into your bank and ask to speak with the Branch Manager, tell him/her you need a hard debit block placed on your account immediately! Explain that you are revoking ACH authorizations from unlicensed/illegal companies, and have learned these companies are notorious for ignoring revocation, therefore it is important to BLOCK any withdrawal attempts on your account to protect your interest. This is your privilege, do not accept no for an answer. The following link will provide you important information regarding closing accounts. CLICK HERE

What next?
AFTER your account is secure send each pdl (the unlicensed and illegal) an email similar to THIS (please scroll down to locate letter template). Tailor this letter to your needs, and try to write it with the same basic concept in your own words. You will need to research and locate email addresses/physical addresses if you don't already have them, I suggest that you type the name of the pdl (example: "oneclickcash address") in the search box in the upper right hand corner of this forum. You may also search for addresses HERE at the Better Business Bureau.

File complaints: Most of the time, you can file a complaint online with the following, I encourage you to follow through with doing so, you will need to search the Internet for your state Attorney General's website, however, here are links to file complaints for the FTC, Online complaints: Federal Trade Commission., and the BETTER BUSINESS BUREAU.

Keep in mind that you may not receive a response for days, or even weeks, or, you may receive harassing and threatening phone calls. I have found the best way to deal with this is not to respond or reply, simply hang up.

Side note: If you have paid an illegal/unlicensed payday lender above and beyond the principal amount you borrowed, it might be a good idea to demand a refund and a paid in full letter/receipt. You may or may not get one or both. It still doesn't hurt to include that tidbit in your letter. :)[/quote]

Thanks for all your help I have been paying on these loans for months and this past week was the first week I was not able to pay anything. I talk with a debt consolidater but with my husband losing his job I can not afford the Monthly payment.

you've been paying for months huh?well i am going to go out on a limb and say you have overpaid these pdl's.to confirm please get any bank statements to see how many times these illegal pdl's debited.every debit counts toward the loan and dare i say it.you should be refunded on these as well.

thanks again.