CPD -Paydaymax &Discount Advances

Date: Wed, 12/10/2008 - 13:25

Submitted by anonymous
on Wed, 12/10/2008 - 13:25

Posts: 202330 Credits: [Donate]

Total Replies: 3

So I have defaulted on PDL's with these 2 , which after researching your site, are illegal in Illinois. Essentially I overpaid the Paydaymax Loan by $262 and the other by $26.
I called CPD and explained that I was instructed by the BBB and Illinois AG that these are illegal in IL, etc
Anyway, the woman said my Paydaymax loan will not be refunded but can be marked PIF and management will need to look into the other account.

I am now locked out of my accounts on both sites . . . whats next?? Will they continue to debit??

PAYDAY MAX:
Loan Summary
Original Loan Amount: 300.00
Fees and Finance Charges Paid: 356.24
Fees and Finance Charges Pending: 63.04
SUBTOTAL: 719.28
Payments Made (560.92)
BALANCE DUE (pending): 158.36

DISCOUNT ADVANCES:
Loan Summary
Original Loan Amount: 300.00
Fees and Finance Charges Paid: 304.23
Fees and Finance Charges Pending: 317.08
SUBTOTAL: 921.31
Payments Made (326.73)
BALANCE DUE (pending):

I would send letters and emails to both stating that they are il

I would send letters and emails to both stating that they are illegal and that you have paid the prinicpal amount borrowed and that you are paid in full according to the law. Make sure those letter include revoking any ACH transactions and wage assignments.

I would also contact your bank and tell them that you are dealing with two illegal payday loan lenders and you want to put an ACH block on both of them.