pay day loans hell

Yes, a payday lender is legal only if it is licensed in your state, else not. If they are illegal, you need to pay them only the principle amount borrowed and not the interest charges. You can visit the link http://www.debtconsolidationcare.com/paydayloan/illegal-pdl-dealings.html to know more on how to deal with these illegal PDLs. Can you tell me the state you live in?
As far as I know, Zip19, Upfront Cash,500 Fast Cash, and Ameriloan are illegal.

Yes if they are illegal that means that are not licensed to lend. Most of the illegal lenders are not even in the US.

We do need to know what state you are in as different states have different laws (although the lenders from overseas are illegal everywhere).

I had/have CashDirectExpress and there seems to be some debate over if they are licensed or not. Their parent company if GECC who is licensed. Although CFSA says they have to have thier own license they can't go by the parent companies licensing. They do have some illegal practices so I have been treating them as though they are illegal so far.

Yes you can do this yourself-especially if the majority are illegal which it looks like they may well be. It just takes a little time in researching is all.

You can also search each pdl in the box on the top right of the page to see what others are saying about them.

Ameriloan Inc.:

Out of Business
According to information in the BBB files, it appears that the company is no longer in business. The phone numbers the BBB had for this company are disconnected and directory assistance does not have a listing for this company. The BBB's mail to this company also may have been returned as undeliverable. If you have an unresolved dispute with this company you may wish to seek legal advice.


Business Contact and Profile

Name: Ameriloan Inc
Phone: (303) 649-0136
Address: 5350 S Roslyn St #308 - Undeliverable

Englewood, CO 80111
Original Business Start Date: July 1996
Principal: Mr. John Delaney, Owner/Manager
Customer Contact: Mr. John Delaney, Owner/Manager - (303) 649-0136
TOB Classification: Payday Loans
BBB Accreditation: This company is not a BBB Accredited business.


Licensing
Many local municipalities, townships, and counties have registration, bonding and/or licensing requirements. The BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.

Permit and license requirements for regulated industries in the state of Colorado can be viewed at the following website: http://www.colorado.gov/oed/industry-license/

Business Contact and Profile
Name: 500Fastcash
Phone: (913) 648-5858
Address: 2533 N Carson St
Carson City, NV 89706-0147
Website: www.500fastcash.com

File Open Date: January 2005
TOB Classification: Payday Loans
BBB Accreditation: This company is not a BBB Accredited business.

Customer Complaint History
BBB serving Northern Nevada and the Lake Tahoe Basin no longer processes complaints against this company. Any complaints are directed to BBB serving Tulsa, OK for processing.

For a full report contact BBB located in Tulsa, OK at (918) 492-1266 or tulsa.bbb.org.
Prior to April 16, 2009 this company's complaints were handled locally. The following data represents complaints processed by this BBB prior to April 16, 2009.

BBB processed a total of 56 complaints about this company in the last 36 months, our standard reporting period.

These complaints concerned :
1 regarding Issue Not Defined
43 regarding Billing or Collection Issues
3 - Failure to correct billing errors
2 - Failure to substantiate charges
14 - Improper collection practices
11 - None of the Above - Credit, Billing or Collection Complaint Issue
12 - Unauthorized bank debits
1 - Unauthorized credit card charges
6 regarding Contract Issues
3 - Invalid or false contract
3 - None of the Above - Contract Complaint Issue
2 regarding Customer Service Issues
2 - Inappropriate behavior by customer service personnel
3 regarding Sales Practice Issues
1 - Sales presentation did not disclose complete pricing information
2 - Sales presentation used dishonest sales practices
1 regarding Service Issues

Business Contact & Profile
Business Name: GECC
Cash Direct Express
Government Employees Credit Center
Business Address:
300 Creek View Rd., Suite 204
Newark, DE 19711

Type of Entity: Corporation
Principal: Brian Watt, C.O.O.
Phone Number: (866) 432-2736
(866) 432-2562
(866) 432-2736
Fax Number: (302) 737-3873
Email Address: [email]BWyatt@geccloan.com[/email]
BBB Accreditation: This business is not a BBB Accredited Business
Type of Business: LOANS

Business Management
Mr. Brian Watt , C.O.O.
Mr. Vincent Ney
Ms. Tracy Watson , Customer Service Supervisor

Customer Complaint History

BBB processed a total of 39 complaint(s) about this business in the last 36 months, our standard reporting period. Of the total 39 complaint(s) closed in the last 36 months, 20 were closed in the last 12 months.

These complaints concerned:

1 regarding Advertising Issues
1 regarding Advertising Issues
25 regarding Billing or Collection Issues
2 regarding Contract Disputes
2 regarding Contract Disputes
11 regarding Refund Or Exchange Issues

Business Contact and Profile for Upfront Payday
Name: Upfront Payday
Phone: (800) 474-2909
Fax: (800) 474-5036
Address:
2274 S 1300 E Ste G8 273
Salt Lake City, UT 84106-4331

Principal: Mr Chris Hale, Manager
Customer Contact: Mr Chris Hale, Manager - (800) 474-2909

File Open Date: March 2007
BBB Accreditation: Upfront Payday is not a BBB Accredited business.

No information found for:

Fast Cash Preferred
Everett Cash Advance
Zip 19

You need to send a letter to each of the PDL companies revoking ach transaction agreements. Tell them your bank has closed your account. Tell them you wish to enter into an extended payment plan (EPP). Once you enter into an EPP this stops all the roll over fees.

Ask for their address in which to mail payment (money order, moneygram etc.) Do NOT give them any new account info if you open a new checking account.

If you want to stop the harassing phone calls or threats send the PDL companies a "cease & disist" letter:

Cease and Desist Letter to Payday Loan Company or Collection agencyModify to fit your needs!

Your Name
Your Address
Your Phone#

Collector's Name
Collector's Address
Date

Dear Collection Manager,

Re: Account Number__________


This letter is a written request asking you to cease and desist in your efforts to collect on the debt account as stated above. It is my personal choice to deal with the original creditor and not the collection agencies.



Thus, I request you to cease collection efforts immediately or face legal actions under the state/federal laws. I hope you would consider giving this letter the attention it deserves.


Yours truly,

Your Signature
Your Name

Sc, You are not correct. A pdl in some states is legal if in fact it is licensed anywhere. Please check your facts prior to giving advice which is not correct