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ANYONE HAVE PDLs IN TEXAS?

Date: Wed, 06/24/2009 - 14:23

Submitted by anonymous
on Wed, 06/24/2009 - 14:23

Posts: 202330 Credits: [Donate]

Total Replies: 7


I live in Texas and got into huge trouble with way too many payday loans ... it became overwhelming in December when each paycheck was almost entirely going to the payday fees --- not the actual principal ... I had to borrow money from another PDL so I could pay rent, car, gas, food ... since my entire paycheck went to PDL loan fees! I was terrified and freaked ... closed my bank account in mid-January this year and at first entered into a debt consolidation program with a company that 'specializes' in online PDL pay-downs ... they wanted to charge me over $500 per paycheck --- $1000 a month for 12 months --- to pay back about $8650 in total PDL loans principal. I could not do that either ... then went to a bankruptcy attorney and because I MAKE TOO MUCH MONEY, could not qualify for a Chapter 7 Bankruptcy ... had to go to a Chapter 11 Bankruptcy ... and with the money I make ... the new bankruptcy laws 'would make me pay back all my debts at 100%' ... SO I AM SCREWED ALL AROUND ... I asked the bankruptcy attorney what would be the worst that could maybe happen ... she said that the PDL companies would be relentless in collection -- they are -- they call every day ... sometimes every hour ... I have caller ID ... if it is a number I don't know I do not answer my phone ... if they leave a message, I erase/delete it without even listening to it ... I have not called any of these places back ... got no money ... got nothing to say to them ... and do not want to hear their screaming, lies, threats ... the most recent was some guy calling me and telling me he was a process server and I was going to be arrested becasue I had "written a bad/hot check." A LIE. I have never in my life written a hot check that went to the DA office ... all my Texas PDL loans are all strictly online ... I would NEVER set foot inside one of those scummy storefront locations ... This guy also called my mother after I guess tracking down my last known address via the Internet ... and he gave her the same speal ... she, like an idiot, actually talked to this moron ... I have told her to never answer the phone if it is a 1-800 or 1-866 or unknown number ... anyway ... this guy left a huge threatening message on my work and on my mother's machine stating they were going to find me at my home or work and send a process server to me for bad/hot check writing ... this has been two weeks ago ... when I never returned the call ... nothing has happened. I know no police are going to come to my house or work; I know I have no hot/bad checks out ... I know these collectors are all liars and creeps who feed on fear an intimidation ... the attorney told me that very few actually go to lengths to sue ... and she said if they did, well, I go to court, get a judgment against me ... and that's that ... my credit score is SO SUCKING NOW ... HAS BEEN FOREVER ... and seems it will for an enternity ... and, at this point, I DO NOT CARE. I have a job that pays my rent, my car, my gas, my food, and helps me help my mother with her bills ... all my regular credit cards, lots of my medical bills my insurance won't cover, and any online PDLs can go to hell for all I care ... JUST THE WAY IT IS ... I did get nervous and anxious at first when my mother tells me I am being process-served and going to be sued ... then I calmed down and thought things through and surmised it was just an amped-up scare tactic they all try ... YES, I IGNORE THE BILL COLLECTORS ... NEVER CALL THEM, NEVER LISTEN TO THEIR MESSAGES, PUT THEIR NUMBERS ON MY REJECT LIST ON MY CELL IF THEY EVER CALL THERE ... maybe some other people do this too ... maybe we're bad people ... yeah, I took out the loans ... yeah, I paid many off, got more, paid those ... then the snowball hit and I could not do it anymore ... NOW I AM STRICTLY CASH-AND-CARRY ... this is not ideal at times ... but it is what works best now ... I think I can 'survive' if one of these PDLs actually takes me to court ... they can put out judgments against me ... I just do not care ... all I care about is making sure I KEEP MY JOB AND KEEP BEING ABLE TO PAY MY BASIC LIVING AND KEEP HELPING MY MOTHER ... is anyone else with PDLs in Texas here? What has happened to you? Thanks for reading ...


I feel your pain on this. A little of our situation:

We have 4 payday loans right now, total owed around 3500. All ours are storefront loans, 2 of them have checks. One place, Check N' Go has 4 different ones, and Cash Express has 2 check. The other 2 have a copy of a check that they stamped 'void' on but do ACHs. The thing is, we had some before, actually qualified for a small loan at a bank to pay them off, which we did...THEN were stupid enough to go back. Yes, we have kicked ourselves in the butt over and over....and are just totally embarrassed about it....It is now to that point were we cannot pay them and pay your regular bills. SO we didnt pay them and have been getting hit with 25.00 in bank fees every time we turn around. ACH debits and NSF on the checks. So far out about 400 in bank fees. I called our bank and they really werent any help at all. Told me that these companies could keep presenting the checks and ACH debits OVER AND OVER...which when I worked at a bank years ago there was a limit of a bank accepting them of only 2 times. I guess that has changed, according to my bank anyways. I am now in the process of researching what I can do. Yes we do owe the money and from my research so far, these are legit companies. We have direct deposits into our account, on hubby's paycheck and my SS check, which hubby's work REQUIRES him to have direct deposit to be paid and is a pain to get anything changed is why I havnet closed the account already...and not sure if that is even the way to go yet. I just know the fees are going to eat us up...and feel so at a lost of what to do. I have called one of the PDL and offered to pick up one of the checks they had, a little over 300.00 for it and they refused that...It's such a headache!! So yes, I can understand what you are saying and so understand what you are saying. I am nearly to the point that I just dont care, do whatever you have to do to me..


lrhall41

Submitted by on Thu, 06/25/2009 - 12:02

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I have 8 payday loans, all of which I took out over the internet.
Here they are,not sure of exact loan date on several.
Name Loan -- fee (2x's monthly)
hushhawk marketing 300--90 since nov 20th
cash net 800-- 184 may22th
goodtimes cash(impact) 400-- 120 since feb
vip 400-- 100 since feb
nationwide 600-- 120 since feb
ace 300-- 90 (1 1/2 months old)
impact 500-- 120
kingston 200-- 89 (1 month old)

This stupid decision is eating up my hard earned money. What can I legally do? My credit union said I can close account and it will stop ALL ACH debits, I know I owe money back to these companies, but the fees are killers. I need my FULL paychecks back.


lrhall41

Submitted by on Tue, 06/30/2009 - 13:38

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Yes, I did vent ... and I owe about $8600 (or more) in loans in Texas --- had 13 PD loans when I just shut it all down in January of this year ... my paycheck is about $2K ... of that almost ALL OF IT was going to the PDLs ... then I had no money to pay rent, gas, food, living, etc. so I closed my bank account on the 25th of the month, sent every PDL loan company a letter stating I was 100% insolvent and had closed my bank account and was filing bankruptcy ... then found out I make too much money to file bankruptcy to make it even helpful ... yeah ... I could file a Chapter 11 ... and be locked in for 5 years to repay my debt at 100% because I make too much! Sorry ... just am not going there ... right now ALL THAT MATTERS TO ME is that my job affords me the money I NEED to pay my basic living expenses which includes me helping my mother each month ... I have let every damn credit card and all the PDLs go ... I no longer have any major credit card other than a gasoline card ... I have only my bank debit cards ... so I am cash-n-carry ... I pay my utilities, my car payment ... and my living costs ... everything else can go to hell ... I JUST DO NOT CARE ANYMORE ... if I get sued ... I will go to court ... and they can give me a judgment ... won't make my credit any different ... it is already so bad ... the consequences of my grossly, horribly stupid mistake in better judgment ... these companies LIVE FOR US ... they pray for us to be in dire straits so we will go to them ... and they PREY ON US ... with absolute greed and nothing else ... WHY IN HELL DOES ANY GOVERNMENT --- STATE OR NATIONAL ... ALLOW THESE KINDS OF INDUSTRIES TO OPEN, MUCH LESS THRIVE????? I guess the fact that I live in Texas is something ... my wages cannot be garnished and all these PDLs are strictly Internet with no paper check being given by me to any of them ... all electronic ... I've read some of these bloodsuckers 'try' to 'say' they are gonna sue you because they have a check they are trying to present and it keeps coming back NSF ... that is why I would never step foot inside a storefront and give any of them an actual bank check drawn on my account ... some of you might think I am wrong to feel the way I do ... all I know is that my nerves and my stress were eating me alive when I was faithfully paying these loans and trying to keep ahead of the snowball each pay period ... I had nightmares about them calling my boss, coming to my office ... and then I realized they want us all to believe their lies and threats .... they want us to be so afraid we just keep paying them ... and never pay them off! Yes, I walked away ... and my stress level has improved ... my nerves are not 24/7 tangled up in tight knots ... I have my money to keep me safe and living and keep my car ... does that make me a bad person? Maybe ... it is what it is ...


lrhall41

Submitted by on Mon, 07/06/2009 - 14:23

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