What is going to happen now?

Date: Wed, 02/18/2009 - 10:12

Submitted by anonymous
on Wed, 02/18/2009 - 10:12

Posts: 202330 Credits: [Donate]

Total Replies: 7

Hi All. I lost my log in info and i hope its okay to pose the question here and follow up this way. I will e-mail for my log in info or re sign up. 1st I have two Pay Day Loans both for $300 take two years ago. I had to close two bank accounts because of them taking too much out. I finished one loan and never finished paying on the other. Now I have the calls coming in and I made the mistake of talking with the guy who was nice and reasonable, but he would not send me a letter in the mail confirming our agreement and he would not accept monthly payments from me.

He keeps leaving me messages telling me that he's trying to get me to pay this voluntarily. He said i can get a prepaid card and hook my pay check up to it so the payments would be easier. I told him i would get a card and call him back. I never did.

He calls at least once a day on my cell and on my work phone. I have not called him back. I want a monthly payment settlement and he said Geneva Roth will not do that. They are the worst. One Step Cash is the other loan i have.

Since I have closed my accounts I have read on here that is the best way to stop them from getting money from me. Now, don't get me wrong, I want to pay what I owe, but I want to do it within reasonable terms of in which they don't want to do.

I have not applied for any other payday loans so as i read on here there is no way they can get any of my bank account info. I want to make sure this is true because the guy keeps saying he wants me to solve this voluntarily. I want a monthly arrangement or just go and Garnish me already. I don't have patience for their crap.

Please help with anything you can. I live in New Jersey.

reply

well one question

how much was debited by each total.include fees and rollovers.

you see pdl's are prohibited in NJ.therefore you only owethe principle borrowed.if you paid the 300.00 in there illegal fees then you owe them nothing.i would file AG,and FTC complaints against both pdl's.there is a sticky at the top of this forum on how to deal with illegal lenders.these two qualify.

lrhall41

Submitted by paulmergel on Wed, 02/18/2009 - 10:18

( Posts: 15514 | Credits: )

Wow! You know, that is funny. The Geneva Roth I paid them $180 t

Wow! You know, that is funny. The Geneva Roth I paid them $180 total. I went ot the bank about it and the manager told me well you only owe them $120 on a $300 loan so work it out with them to pay that remainder. They should accept that.

The other loan I owe $210, but they want $570 and Geneva wants $997. Its a joke.

I willl take your advice and file with AG - by the way what is AG and what is FTC? Sorry, I don't know what these initials stand for.

Thanks again for your help.