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Payday Loan Help

Date: Sat, 01/24/2009 - 21:01

Submitted by sunshine36867
on Sat, 01/24/2009 - 21:01

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Total Replies: 4


My hours were severely cut in Nov at work. I took out a payday loan so I could keep myself going while I looked for a new job. In Dec my hours disappeared almost completely, still hadn't found a job so I took out more loans to keep from drowning. I now have 8. I lost my job completely this month and now my bank account is 1300.00 over drawn. I can't find any info on half these companies. They called me through other web sites. I need help on what to do!!! Here are the place I have loans through but don't know how to find out if they are licensed in my state. United Cash Loans, Titan Group, Mesa Financial, ameriloan, Northway Debit, Magnum_z Direct, Instant cash loans, and Cash Central. I know cash central has not over charged me they are compliant within my state i will pay them back properly. Ameriloan i have so far paid 450.00 on a 300.00 loan, Northway overcharged on finance fees and so has everyone else. plus the should not be able to do more than 1 rollover. Please someone tell me what I should do.


I too have Mesa Financial and they have rolled over my loans and taken $285 on a $255 loan but I have told them on 3 paydays to deduct the full balance of $300. I live in California and I understand that rollovers and charging interest is illegal. I sent them only thru fax as they have no address listed and definitely wont give you one when you call them, a ACH revoke letter. I also reported them to all three BBB, Federal Commison and California Attorney Generals Office. Whats my recourse if they attempt to take from my account again?


lrhall41

Submitted by junenvrr on Wed, 04/28/2010 - 15:26

( Posts: 10 | Credits: )