Upfront Money-Payday Loan I thought

what state are you in?this sounds like an illegal transaction to me.

I'm in Texas

i would check with your DFI(department of financial institutions)it sounds like they are not licensed and trying to get around the lending laws.i would definitly close your current account and open a new one.that would stop the payments.do you have a copy of this contract?see what it describes this as.you might have to get your AG involved,but i wouldn't pay them another dime until i found out what exactly this is.

Can't figure this one out. I would revoke the ACH Debit Authorization and treat this like any other PDL.

it sounds to me nascar like they are trying to get around the laws by not naming it as a loan.i looked and this place has no license or is registered as a CSO.

SOunds like an illegal PDL then. I read thru their terms of service and it reads like a PDL. Walks like a duck.....

I'm in Texas.

that you are yvonnes.

Thanks.

I have a simular problem here in Florida, they are stating to me that the contract says I baught a service (pre-paid phone cards), now I remember recieving these cards but never used them. So I never "Used" their service. They also claim the check is over $150.00 and in Florida that could be a felony charge.

Far as I can tell they are trying to intimidate me into paying them off. Now I have paid them 3x what they allege I owe. I just lack the knowledge how to stop them in their tracks.

They claim they are going to hit my credit. I am going to put my documentation together and I need to know what to do next?

Thanks