Pay day loan help in Louisiana
Date: Mon, 05/17/2010 - 09:26
I have 4 pdl's
Ace Cash Service org. amt. $350.00 paid $400
Cashnetusa org. amt. $300 1st pay. on 5/28 $115.50
Paydayone $400 paid $180.00
Ezpayday $500 paid $240.00
I have contacted the Office of Financial Instituitions and they say internet pdl's are not licensed and I wanted to know what steps should I take to get these ppl out of my account. I have already put a block on Ace because i never authorized that loan it just popped into my account one day and I noticed they started taking payments on my pay days. I thought once I paid the $400 I was finished but they are now saying I still owe $495 and I will be sent to collections if I don't pay up. Please help me I am over my head in this mess and I really need to find out what I can do.
You should send a verification letter to Ace to find out why the
You should send a verification letter to Ace to find out why they are still claiming you owe them money. You still have to pay the principal on the illegal internet loans. You may want to consider negotiating with the lenders or consolidating your loans.
PaydayOne and Cashnetusa are credit service organizations, they
PaydayOne and Cashnetusa are credit service organizations, they aren't required to follow the payday loan laws but they do offer an extended payment plan, only if you ask though. The other 2 are not licensed lenders. CLOSE YOUR ACCOUNT! Forget the advice above, there's really no point in sending a verification letter, CLICK HERE to find out how to deal with unlicensed lenders, and NEVER consolidate loans for illegal lenders!
