HELP!
Date: Mon, 04/06/2009 - 13:34
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I live in SC and I have taken out 13 pdl. I was using them to pay bills when I got behind and found myself taking out more just to make pdl payments. I signed up with CareOne about a month ago and these crazy pdl people just keep calling. I was just wondering if you had any suggestions to help me. I even had one tell me they would garrish my wages. I believe SC is a non garishment state. I have loans with the following companies:
PDL loan center- 195.00
Midlands Financial-200.00
Jd Marketing-200.00
Payment Direct-400.00
Ameriloan- 350.00
One Click Cash- 350.00
My Cash Now-630.00
EZ Cash Media-200.00
Payday Loan Yes- 400.00
Fast Cash-350.00
Cardinal Mgmt-200.00
They are all online loans. I will have to research how much I have paid on them all but the listed amount is the orginal. I have closed my checking account and opened another one. I have recieved notices from the bank were they have tried to debit my closed account and the items were returned with no fee to me. I'm afraid that they will sue me before my debt consolidation with Care One will take care of anything with them. Any suggestions would be appreciated.
It is good that you closed your checking account! If I were you
It is good that you closed your checking account! If I were you the next thing I would do is call the South Carolina Dept. of Finance and find out which companies(if any) are legal and which ones are not. If they have no license to do business in SC then they can't do anything except call you and make goofy threats. There is a "sticky" at the top of this forum page that is titled "dealing with illegal payday loans" (or something to that effect). Click on that and follow the instructions there. I had alot of pay day loans but since I found this site life has gotten so much better. I did what they said to do. I mailed certified letters to the illegal payday loan companies (following the example on this site). I filed with the Better Business Bureau and the Federal Tral Commission. The Dept. of Finance for my state (Mississippi) even wrote these companies letters on my behalf and filed with the Miss. Attorney General's office. I got a letter from PDL Loan Center within a week or two saying they would except what I had already paid as payment in full. I had taken out a $300.00 loan and had paid them a total Of $360.00. The other PDL companies called and called and also called my boss for about a week or two -- but it has been about a month and I haven't heard from any of them. And I actually have money to pay my bills on time and have grocery money and spending money!
Payment Direct-400.00 Ameriloan- 350.00 One Click Cash- 350.
Payment Direct-400.00
Ameriloan- 350.00
One Click Cash- 350.00
My Cash Now-630.00
Payday Loan Yes- 400.00
Fast Cash-350.00
Well I can tell you right of that these are illegal as they lent you more than what is allowed in SC. Only $300 is allowed.
We would have to research the rest.
Since you account is closed you have taken the first step.
You only owe what you borrowed to illegal lenders.
Here is the link to the steps to dealing with illegal lenders. You will need to send a letter to each one stating they are illegal in SC and that you are only will to pay back the amount you borrowed. I am sure in most cases that has already been paid.
