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Quick Loans NY HELP!

Date: Wed, 11/05/2008 - 12:46

Submitted by anonymous
on Wed, 11/05/2008 - 12:46

Posts: 202330 Credits: [Donate]

Total Replies: 4


Overwhelmed in NY!!!

Please help if you can - thanks for reading my post!

I have 8 quickloans and have been paying since JUly but can no longer - health issues and money issues.

I have looked on this web site and wonder if I am understanding the postings...

If I have paid the principal plus finance fee can I instruct my bank (Citizens Bank) to stop allowing them to take my money??

These Quickloans are in NY.




My Bank is Citizens Bank

Quickloans are
Midland,
Paycheck Today, Amoline Ent Aom
CAN
Payday Services
Direct Pay
GECC
PDL

Any advice would be great! Thanks, Lisa


Hi overwhelmed,

PDL's are illegal in NY. All you are responsible for is the amount you have borrowed, if you have overpaid this through the "fees", then you are done. I would speak to your bank and ask that they place a hard debit hold on your account. If they doesn't work, you will probably have to close your account and open another. Then I would send the companies a letter (you can find one on this site) advising that you are revoking your authorization to debit your account, any wage assignments you may have signed and advising that all future contact must be through email or mail. If you know how much you have overpaid, if at all, you can also ask for a refund. You may not get it, but it never hurts to try.

I would also file complaints with the BBB, FTC and NY Attorney general.


lrhall41

Submitted by dawnlango7 on Wed, 11/05/2008 - 13:36

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In the state of NY these loans are not legal at all, which means that the companies lent to you illegally. All you need to pay back (if you chose) is the principle borrowed. Morally ist is correct to pay back what you borrowed. Tjese companies can threaten and blow smoke , bt legally there is nothing they can do to you.


lrhall41

Submitted by on Wed, 11/05/2008 - 13:36

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Why don't you give Dan or myself a call and we can go over some ways of how we may be able to make this possible.

[email]wanaloan@gmail.com[/email]

Talk to you soon,
Delia


lrhall41

Submitted by on Sun, 11/09/2008 - 13:03

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