Pay day loans

Hello and welcome!

First of all, please list the following information so we can help you.
-Names of each pdl company.
-Whether they are store front or Internet.
-How much you borrowed.
-How much you paid so far.
-The state in which you reside.
I'm sorry to tell you this, but there is only one sure way to stop the withdrawals, and that is to close your account. If that isn't an option, then tell the bank to put a hard debit block on your account. Before you close your account, read this information at the link below. http://www.debtconsolidationcare.com/paydayloan/close-account.html

Please do not let any of these pdl's know you are going to close your account, until AFTER you have done it!

Internet Loans
1. B.I.G. borrowed 200.00 paid 1200.00
2. GFS borrowed 200.00 paid 800.00
3. Cash Transfer Center borrowed 300.00
4. Astro Lending borrowed 300.00 paid 225.00
5. Magnum cash advance borrowed 500.00 paid 193.50
6. Cash Spot borrowed 500.00 paid 467.00
7. Paycheck today borrowed 300.00 paid360.00
8. Cash advance Network borrowed 400.00 paid 410.00
9. Think Cash borrowed 500.00 paid $795.00
10. ezcash borrowed 300.00 paid 90.00
11. pack mgmt borrowed 300.00 paid 90.00
12. Cash N go borrowed 200.00 paid 0.00
I live in Michigan

I believe that all of yours are illegal/unlicensed lenders, I need to double check though, here are your laws, Internet lenders need to be licensed by your state.
Quote:

B I G Payday- Illegal/Unlicensed (you are done with them! They owe you money!)
1005 Terminal Way STE 102
Reno, NV 89502-2179
Telephone: (877) 282-5450
Fax: (877) 762-7350
big-int.com

Cash transfer Center is illegal and based in Canada and Malta.
Cash Transfer Centers
Email: customercare(at)cashtransfercenters.com
Fax: 866-809-4069
Level 8 Suite 3
Plaza Commercial Center
Bisazza Street
Sliema SLM15, Malta
phone: 1-866-958-3278
fax: 1-866-809-4069

Global financial services - Unlicensed in MI.
1005 treminal way suite 110
Reno nv, 89502
There phone number is 1-877-280-3359
Fax number is 1-877-280-2330

I don't think Astro Lending is licensed to lend in Mi., but if you want to be absolutely possitive call Michigan Office of Financial and Insurance Services at (877) 999-6442 and ask them.

Magnum cash advance (Unsure, call above number to be certain)
866-406-6800
403 Foulk Rd Suite 203, Wilmington, DE 19803

Here is the address for Cash Spot aka American Consumer Credit
American Consumer Credit LLC
42 Reads Way Ste 124
New Castle, DE 19720

paychecktoday.com, can't find an address but found fax #:
1-866-756-0600
fax at 1-800-671-0131

I'm not sure about the rest, keep checking back though someone else may have some info for you, also, you can type the name of the lender in the search box in the upper right hand corner of this forum and research them yourself. :)

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]

My bank account is overdrawer so I can't close it. I did try to put a hold on the Ach withdrawals. I'm not trying to get out of paying if I owe. What are my options

have your account put on DEPOSITS ONLY status.it will only last for about 1-2 months depending on the bank,but the manager should be able to do that for you.go in person to do this.