HELP
Date: Sun, 05/03/2009 - 11:12
Quote: but over the weekend my landlord said she got a message f
Quote:
but over the weekend my landlord said she got a message from a lawyer telling him to contact her about me, what is this all about?? |
Well it is unsure to determine if this is about your PDLs. If you listed you lanlord as a refernce on one of the applications, they could be tryig to scare you into paying. It is against FDCPA regulations to disclose debt information to any else but yourself.
They may be trying to find out if you still live at the same residence. It is unsure to tell :?
Re Help
Is it typical they wouldn't contact me and go thru a lawyer, does this mean they are going to sue me, and mylandlord was NOT a reference, but I believe they looked up the address and found her name that she owned the house I am living in. Why wouldn't they contact me and why her? I just cant figure out why a lawyer is contacting her about me?
Legal
Are internet pay day loans legal in WI some of the ones I have used are 500 fast cash, united, payday.com....And can they add more fees unto what is all ready there, for example, one loan was for 200 but with the fees it is now 350, can it go up even more?
I suggest you tell your landlord to ignore the calls. This is a
I suggest you tell your landlord to ignore the calls. This is a sensative situation, because you really do not know what it pertains too. If you want to find out the next time they call your landlord, have him/her direct them to you.
Quote:
Is it typical they wouldn't contact me and go thru a lawyer, does this mean they are going to sue me, |
What are the names of the PDL companies you defaulted with? Like I said if they are Illegal companies they are just blowing hot air to get your attention.
Quote:Are internet pay day loans legal in WI some of the ones I
Quote:
Are internet pay day loans legal in WI some of the ones I have used are 500 fast cash, united, payday.com....And can they add more fees unto what is all ready there, for example, one loan was for 200 but with the fees it is now 350, can it go up even more? |
Actually WI has the worst PDL laws :? WI law only requires the PDL company to be licensed in their home state to be Legal.
That is why I asked for the names of the companies.
Quote:500 fast cash, united, paydayone, ezpayday 500 fastcash
Quote:
500 fast cash, united, paydayone, ezpayday |
500 fastcash and ezpayday are Illegal.
Is United the full name?
PaydayOne is Legal and licensed. You stated you have seven loans. Are the other storefronts?
Here are WI state laws for PDLs:
Quote:
Legal Status: Legal Citation: Wis. Stat. ?? 138.09 Loan Terms: Maximum Loan Amount: Not Specified Loan Term: Not Specified Maximum Finance Rate and Fees: No Limit Finance Charge for 14-day $100 loan: No Limit APR for 14-day $100 loan: No Limit Debt Limits: Maximum Number of Outstanding Loans at One Time: No Limit Rollovers Permitted: Not Specified Cooling-off Period: Repayment Plan: Collection Limits: Collection Fees: $15 NSF fee if check returned due to no account open at bank, insufficient funds or insufficient credit. Check presentment limit: two times. Criminal Action: Prohibited (per Wisconsin worthless check law, a check given to secure a loan isn't "worthless") Where to Complain, Get Information: Regulator: Wisconsin Department of Financial Institutions Address: Wisconsin Consumer Act Section, P.O. Box 8041 Madison WI 53708 Phone: (608) 261-9555 Fax: (608) 261-7200 Regulatory Contact: Paul Egide,, Consumer Act Director |
Unfortunately so by state laws. The WI Dept of Financial Institu
Unfortunately so by state laws. The WI Dept of Financial Institutions will be of littlt help to you.
However if the company is Unlicensed period we suggest only paying what you borrowed period! Do not continue to pay unlimited fees that puts you in a worse position financially.
Help
Here they are all from debiting my checking account, I have gotten that all under control, but these are the ones I owe, Help!!!! I greatly appreciate it!!!
866-735-3420 DES:UCFIN
ANCL ID:26208A86814...
Payday One DES:LoanTra
ns ID:24819440 INDN...
GOV EMP CREDIT DES:LOA
N PMT ID:232801 IND...
CashNetUSA DES:PAYDAYA
DV ID:478862024 IND...
USFastCash DES:DEBIT
ID:5873081 INDN:MCA...
UnitedCashLoans DES:DE
BIT ID:6032310 INDN...
500FastCash DES:DEBIT
ID:4408996 INDN:MCA...
Quote: USFastCash DES:DEBIT ID:5873081 INDN:MCA... United
Quote:
USFastCash DES:DEBIT ID:5873081 INDN:MCA... UnitedCashLoans DES:DE BIT ID:6032310 INDN... 500FastCash DES:DEBIT ID:4408996 INDN:MCA... |
All these are UNLICENSED.
Quote:
CashNetUSA DES:PAYDAYA DV ID:478862024 IND... Payday One DES:LoanTra ns ID:24819440 INDN... |
All these are LICENSED. You can call both and request an extended payment plan.
Quote:
GOV EMP CREDIT DES:LOA N PMT ID:232801 IND... 866-735-3420 DES:UCFIN ANCL ID:26208A86814... |
I am unsure about these. Looks like you took these names from your bank statement. Do you remember if these two go by any other name. Meaning the processor name on your statement and actual PDL name may differ.
You can send these two emails, letters requesting their licensing number and state. If they are unlicensed the they are also owed the principal only.
You need to definately secure your bank account with these companies ASAP! Read HERE for more info on dealing with Illegal lenders.
Help
WHen you say the principal only, I understand that, so the legal ones can just keep adding and adding charges? If they get a lawyer, then what? I just am sick about this information...I really screwed up! :-(
No, this means that the Legal ones you listed can offer a payoff
No, this means that the Legal ones you listed can offer a payoff plan to include the finance charge of the loan. This will stop the rollover fees altogether and break up the loan and finance charge into four equal payment.
First thing you need to do is call the companies and ask for a repayment plan. Paydayone has been pretty reasonable to other guests in the past. Also CashnetUsa can offer you a paymet plan as well.
You stated above you stopped paying them, so does this mean you closed your bank account already?
Help
No, but I arranged it w/bank so they cant try to debit, the 3 ones you said were illegal, just kept trying and was getting so many fees (overdraft)
And I just havent made any kind of payments at all, and havent heard from any of them, was thinking I would hear something, but then the landlord told me about a call from a lawyer and now I am panicking...and I truly didnt understand the whole process or what I was getting myself into...you have helped educate me a lot....do you think it is strange that I have not heard from them...I am thinking that is why the lawyer called my landlord?
If this call was affialiated with a PDL company, I highly doubt
If this call was affialiated with a PDL company, I highly doubt a lawyer called your landlord. It was most likely an employee from a PDL or bottom feeding CA. If they were pursuing a civil case you would be summons by now, not threatning calls.
So please try to put your account on "deposit only" status. Also if you paid the ILLEGAL companies more than what you borrowed to include any fees then you are done with them.
Please call the LEGAL companies and try to work out a reasonable repayment plan, this will help you feel alot better rather than not knowing what will come of this situation.
I need help with JVC Processing
I have a payday loan with JVC Processing. Has anyone been successful at reaching them or working out payments with them. They have aken more than $3000 and won't stop. Please help!
You will need to close your account to make it stop. What sta
You will need to close your account to make it stop.
What state are you in?
