Im in Payday loan hell!
Date: Thu, 04/29/2010 - 08:02
I live in Florida and back in Feb of this year I lost my mind and did the one thing I swore I would never do I got myself in a Payday loan twilight zone. As of this moment I am trying to close my account with Bank of America they will not allow me as I have a negative balance so as it stands there is a freeze on all transactions. Along with the ACH transactions there are all sorts of "shopping membership" charges which I assume are some third party add ons from these lovely websites.
I owe the following people
Yellowdale.com
RBT Loans ( they have been paid 485.00 on a 360.00 loan and still want another 260!!!!!!)
Arrowhead
King Marketing
Qloot
Fox Enterprises
VIP Cash
Nationwide Cash
I feel like an idiot but I had my reasons. Now the alternative would have been much better. However I was in fear of losing my apartment and I had emergency dental surgery not covered by my insurance. Needless to say I created a mess for myself. My question is I have seen the form letter to revoke ach authorization will that work for me since I am in Florida?
And I have also received several threats from Arrowhead because the last payment was returned and now they are telling me that an email is unacceptable and they will charge my account for the payment and fees. Once that happens I will incur more NSF that I cannot afford I need to stop this mess before it gets worse!!!! :( Help me someone please!!!!!
payday loans via the internet
I took out about 8 payday loans via the internet in 2008 and got over my head ($2500). I closed my bank account about August 2008. I received several emails from some of the companies, sent them letters stating I would report them to my AG and BBB. I live in Nebraska. When I researched the companies, I could not find any that were licensed within my state. As well, at the time, all payday loans were required to be paid within 30 days according to NE law. All was quiet until this week, yes, almost two weeks later. I had one very rude guy call named Paul. He has called twice in two weeks stating I committed fraud threatening that he was filing court actions within my county. He stated he was from some law firm in California, but the caller ID showed Maryland. The second was from a number in Nebraska for Money and More. She was very nice. I told her I was disputing the loan and she said she would send me paperwork to dispute next week. I have not had to pay back any of these loans and they have not tried to take me to court or garnish wages. Anyone have this same scenario lately? Has anyone been summoned to court two years after the fact?
You can click the link below to read FL payday loan laws: http:/
You can click the link below to read FL payday loan laws:
http://www.paydayloaninfo.org/stateinfo/FL.asp
The next link below contains the payday loan licensee data base, if none of the lenders below are listed, they aren't licensed, I already know just at first glance most are not licensed, nor are they CSO'S (Credit Service Organizations):
https://real.flofr.com/ConsumerServices/SearchLicensingRecords/Search.aspx
CLICK HERE to find out how to deal with unlicensed lenders.
