DONT HAVE THE MONEY FOR EVEN THE SMALLEST PAYMENT

CashNetUSA is usually legal in the U.S. I didn't see where you said what state you are located in??

By the way, have you considered requesting an EPP (extended payment plan) from your store front lenders? Click the link below and refer to number 11, it explains the EPP.
http://www.cfsa.net/industry_best_practices.html

Oh and, always put your groceries, utilities and rent FIRST. What monies are left over would go toward payments on loans. Also, I would like to suggest you seek help from various agencies in your community for food, utilites, rent, etc. For example, inner church, HEAP, etc.

Oh nevermind, I see you are from Mississippi, you can locate your payday loan laws at the link below.
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html
Mississippi requires internet based pdl's to be licensed by your state, this means each and everyone of your lenders must have a license to lend to your state residents, if they don't, you would only owe them the principal amount you borrowed.
I'm sorry to tell you this, but there is only one sure way to stop the withdrawals, and that is to close your account. If that isn't an option, then tell the bank to put a hard debit block on your account. Before you close your account, read this information at the link below. http://www.debtconsolidationcare.com/paydayloan/close-account.html

Please do not let any of these pdl's know you are going to close your account, until AFTER you have done it!

You can check out your Mississippi Department of Banking and Consumer Finance to see if these are licensed lenders at the link below or call (601) 359-1031.
http://www.dbcf.state.ms.us/

If you can't find a license for these lenders, CLICK HERE to find out how to deal with illegal lenders.

thanks so much. So my thinking is correct that I should handle the legal ones first and if I have to ignore anyone it should be the illegal ones?

Yes, definitely handle the legal ones first, but, make sure you secure your bank account so the unlicensed lenders can no longer debit your account until you can work something out with them. You are only obligated to pay back the principal amount you borrowed on the unlicensed lenders. They will have to accept payments on your terms, I would ask them for an address to send payments, then I would send them money orders via USPS. I would also tell them no address no payments.

I was hoping that was the case but feel better hearing you say that. thanks

Just thought that I would add that I had sagamore-its been 3 months since I closed my account and sent the ach revoke and I have yet to hear from them. Definetly don't worry about the illegal pdl's. Just don't answer the phone when they call and they will eventually go away.

I also had PayDayOne-you can request a payment plan from them thru thier website once your past due. They will take your total and divide it into 6 bi-weekly payments. I'm not sure if that is helpful to you or not. I did that but after the first payment was no longer able to keep up with them.

High Sylvia. I too am from Mississippi and I am battling this same stuff. I'm getting ready to close my accounts but my bank is giving me a bit of a problem. I don't want them to close my account and then if the PDL companies send something through, they try and re-open my account, send me in the negative, and make my problems worse. Did you have any problems with your bank? If you don't mind me asking, who do you bank with? I have one last check that I need to go through bcause it's too late to stop my direct deposit for this week so for this reason, should I do a hard debit block instead of closing my account??

Sylvia, also call the Dept. of Financial Institutions and ask to speak with Mrs. Carolyn, she is very nice. She is helping me. I have filed complaints and she has sent them over to the Attorney General's Office. She said this won't be quick but they will get to the bottom of this (hopefully). The number is 601.359.1031. Keep us posted.

One more thing Sylvia, what are dv letters? You mentioned it in your original post.

Another copied post off the web.....deleted...MOD

DV- Debt Validation. Asks them to prove that is it your debt and that they have the legal right to collect it.

Thanks Chrys

No problem. Oh and about your bank. Go in and speak to a manager. Let them know the account needs be closed *ASAP* due to fraud. If they still do not close it, let them know that you will (and DO) file a complaint with the OCC (see last link in my sig.)

Good luck getting out from under these monsters!

Thanks. Actually I don't really need to close it I just want to do a hard debit block because i do have a DD payroll check coming through. It's too late for me to get a paper check this week.

Also, i took a look at the OCC website and it regulates National banks. They had a list of banks that it regulated but Bancorp South was not listed. I don't know who regulates them.

A little confused... I thought in your first post you said you had already closed your bank account and now you say its not closed but you want to get a hard debit block only. Maybe I misunderstood.

Anyway, be careful with the hard debit block and make sure nothing can get thru. If they can't get thru with an ach they will change the names and amounts and if that does'nt work they will try puting it thru as a check.

Have you talked with your bank already? I also bank at a smaller regional bank and when I went in and talked with them they set me up a new account right then and I made a list of all outstanding checks/debits and also deposits and they transferred everything to the new account. Several people have posted that is how their banks handled it as well.

ok-nevermind-LOL-I see my problem its 2 different people posting- my bad!

I am new to all of this. Can someone tell me what c & d letters are.

its a cease & desist(sp?) contact/collections letter. Read the sticky about dealing with illegal lenders for more info and a sample letter.

FYI, the original creditor isn't bound by law to follow a cease and desist order, only collection agencies are, however, I sent them to unlicensed payday lenders anyway because obviously they don't understand what following the law is so I figured- why not send a C & D just in case. lol