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payday loans, florida

Date: Wed, 04/29/2009 - 07:12

Submitted by anonymous
on Wed, 04/29/2009 - 07:12

Posts: 202330 Credits: [Donate]

Total Replies: 13


I have florida payday loans, anyone else? Does anyone know anything about a company called PDL Assistance. They supposedly help and consildate and pay off your loans at 35%..
Also are internet loans legal in FLorida?


Here is what you posted before.

Quote:

I HAVE GONE INTO FINANCIAL TROUBLE WITH THESE PAYDAY LOANS AND HOPE NO ONE ELSE EVERY DOES IT. I LIVE IN FLORIDA, DON'T KNOW WHICH ARE LEGAL AND WHICH ARE NOT.
INSTANTCASHUSA - $400
KINSTON FINANCIAL 200
ONE CLICKCASH 385
PARAGON 300
PACK 300
ACE CASH - 300
LOAN SHOP TIMH -300
LOAN SHOP OVERLAN - 200
POINTPOINTUSA 500
HIGH COUNTRY 300
LITTKLE LOAN SHOPPE 300
AMERILOAN 400
ADVANCE 300
LOAN CENTER 300
MAGNUM 800
ALSO CREDIT PROTECTION DEPOT 510

JUST GOT INTO GETTING ONE TO PAY THE OTHERS. THIS IS NOT THE WAY TO DO IT. I WILL NEVER DO THIS AGAIN. HOW CAN I GET HELP. ALSO WAS CONTACTED BY PDL ASSISTANCE, THEY HELP PAYING OFF THESE INTERNET LOANS AT 35%, ARE THEY LEGIT ALSO. I DO NED HELP


lrhall41

Submitted by nohiogal on Wed, 04/29/2009 - 07:54

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I think PointPoint is really loanpointusa
IPDLs are covered by section 516 of the Florida Consumer Financial Act which puts an 18 percent cap on the loand with no rollovers. It also requires licensing regardless of georaphic location make make the loans of non licensed companies non collectible! I have never heard of PDL assistance! If they ask for money up front run!


lrhall41

Submitted by Frogpatch on Wed, 04/29/2009 - 08:06

( Posts: 5381 | Credits: )


INSTANTCASHUSA - illegal
KINSTON FINANCIAL - illegal
ONE CLICKCASH - illegal
PARAGON 300 - illegal
PACK 300 - illegal
ACE CASH - There is an Ace Cash Express on the database
LOAN SHOP TIMH -illegal
LOAN SHOP OVERLAN - illegal
LOANPOINTUSA - illegal
HIGH COUNTRY - illegal
LITTLE LOAN SHOPPE - illegal
AMERILOAN - illegal
ADVANCE 300 -
LOAN CENTER 300
MAGNUM - illegal
CREDIT PROTECTION DEPOT - illegal


My advice is to close your account ASAP. That is a lot of illegal lenders.


lrhall41

Submitted by nohiogal on Wed, 04/29/2009 - 14:35

( Posts: 2582 | Credits: )


They are legit but they have complaints and they also got in some trouble in CO.

You can do these on your own.

The one problem with PDL consolidation is that many of the illegal lenders won't work with the companies or if they do they want more than you legally owe.

For illegal loans you only owe what you borrowed.


lrhall41

Submitted by nohiogal on Thu, 04/30/2009 - 06:24

( Posts: 2582 | Credits: )


Quote:

HOW DO YOU FIND OUT IF THEY ARE LICENSED IN FLORIDA, EVEN IF THEY ARE ILLEGAL, ANYONE KNOW ABOUT 500 CASH, OR LITTLE LOAN SHOP



Both of those PDLs are Illegal in Florida. The Little Loan Shoppe is licensed in Utah but not licensed in FL.

To verify you can check with your state's Dept. of Financial Institutions.


lrhall41

Submitted by Cool_Abyss on Thu, 04/30/2009 - 14:22

( Posts: 2936 | Credits: )


I don't know alot about them but they may be associated with an actual pay day lender. One of my pdl's is from a company named PDL Loan & one of the documents said we offer PDL consolidation & to ask about it. I would steer clear of using one of those companies. I first thought of doing that but with help from this website, especially Frogpatch & KC I have started through the process myself & there is a much stronger sense of accomplishment & empowerment by doing this yourself rather than shelling out a whole lot more money for someone that is suppose to get you out it. Just my thoughts...


lrhall41

Submitted by on Thu, 04/30/2009 - 20:35

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I was in the same boat as you and found out about PDL Assistance. I had 10 payday loans out at once and was going in more debt then before. I did my research on PDL Assistance and you have to read the fine print. You will pay out more to them if you go thru them instead of yourself. I ended up closing my account and then calling each lender and making payment arrangements that I could afford. I did everything thru moneygrams or western union. Most of the companys did a settlement with me just to get the loan paid off.
PDL Assistance you have to pay them about $700 before they even start talking to your lenders. So I wouldn't recommend them at all. I hope that helps you out.


lrhall41

Submitted by on Fri, 05/01/2009 - 09:04

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I was in the same boat as you and found out about PDL Assistance. I had 10 payday loans out at once and was going in more debt then before. I did my research on PDL Assistance and you have to read the fine print. You will pay out more to them if you go thru them instead of yourself. I ended up closing my account and then calling each lender and making payment arrangements that I could afford. I did everything thru moneygrams or western union. Most of the companys did a settlement with me just to get the loan paid off.
PDL Assistance you have to pay them about $700 before they even start talking to your lenders. So I wouldn't recommend them at all. I hope that helps you out.


lrhall41

Submitted by on Fri, 05/01/2009 - 09:06

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