pay day loans

welcome anita.if you could provide the following.

the names of your pdl's
the amount borrowed from each
the total debited from each including so-called fees.

anything debited by an illegal lender goes toward the principle.which is all you owe.again welcome and please provide the info requested.we will help you here.

thank you for the quick responses. i have paid centurian/loan pt usa $2,570.00 on a $400.00 loan. gecc/directexpress 646.50 on a 300.00 loan 267.00 to world wide on a 200.00 loan 900.00 to cimaron/loan shop on a 300.00 loan and 405.00 on a 200.00 loan to nlscash adv/signmyloan.net which will be paid off in 2 wks after i pay 161.00. like i said my bank said to close my acct. and mi dept of finanace said they are illegal. what do i do now i do not want to have my wages garnished or to lose my job over this. i appreciate everyones help very much. hope everyones 2009 is better than 2008. happy new yeaR. :oops: :shock: :x THANKS

from what i see every place but signmyloan owes you refunds.i would just file complaints with the MI AG,THE FTC,and the BBB.just to ask i would like more details on the signmyloan.you never did state how much borrowed and how much debited so far.

i paid signmyloan 405.00 so far on a 200.00 loan next payday which is payoff will be a total of 566.00. what do i do now that my acct is closed and they start calling and threating me or where i work. and how do i go about getting a refund i had others that i pd off

i wouldn't give signmyloan another dime.you have overpaid them as well.you only owed the principle and they got 405.00 on a 200.00 loan.do not give them anything more.as far as the refund requests go.you can start by emailing them.if they don't respond,or respond in a confrontational way.that is when your AG shouls get involved.bottom line you owe nothing to nobody as far as these pdl'd goes.

should i write each pdl a letter and send it registered mail or email them that i closed my accts or just let sleeping dogs lie.also i have a 700.00 loan from pay day max for 700.00 not due until 1/31 should i just pay the principle.

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]