These PDL debts are snowballing my life! HELP!
Date: Sun, 06/27/2010 - 12:07
Store Front
. ACE $300 principal, Payment is $41.25 every two weeks
. Check n To Cash $300 principal, Payment is $45 every two weeks
. Advance America/CashNetUSa $300 principal, payment is $45 every two weeks
Online
. Fast N Reliable $400 principal, Payment is $108 every two weeks
. Zip19.com $750 principal, Payment is $150 every two weeks.
In addition to that, my bank has a Direct Deposit Advance feature and Principal is $500 and the fee is $50 when your paycheck is direct deposited into your account. But since I cannot afford to pay it off I reborrow. But if anything is direct deposited into my account besides my paycheck after this...they will deduct it again. So sometimes my payment is $100-$150 every 2 weeks!
I have had all of them for at least more than a year. At one point I had 9 PDLS but I managed to pay almost half of them off...at the sacrifice of all my regular bills being 2-3 months behind. I used to have good credit before 2009 and now its very bad. I can't get approved for anything.
To make matters worse, I forgot about a bill that is automatically deducted so my account bounced alot of my bills and now I am -$504 in my bank! I get paid at the end of the month so I can cover that but that ties into my rent which is due on the first plus the interest payments on the 5 loans plus the bank "advance" on the first. Which is less than what I get paid at the end of the month.
To make matters even more worse, I'm possibly getting laid off on 7/13 and my landlord sold the house I live in so I have to move out by 7/30.
Which makes it impossible to pay my rent for the last month I live here (july) and come up with money to move into a new place and because I have bad credit ... plus I'll be laid off.
These PAY DAY LOANS have ruined an otherwise great life!!! Help please I don't want to lose my car either cause I can't even afford to pay the car registration fees that's already due this month plus it needs car repairs soon before it dies on me!!!
I also forgot to add the only one that is "revolving" or rolling
I also forgot to add the only one that is "revolving" or rolling over is Fast N Reliable, it only has me paying the finance charges. The rest i have to pay in full and reloan every 2 weeks cause I can't afford to pay it off.
Like I said, I'm currently -504 in my bank. My paycheck at the end of the month will cover that and my other bills. but i will have no money for my rent unless i get another cash advance loan!
ANYONE? I am really desperate. I forsee this getting worse in the next 2-4 weeks.
I actually see 2 issues here. 1. The first this is that the P
I actually see 2 issues here.
1. The first this is that the PDL's did not put you in this situation, they offered a service and you went to them to apply for a loan. Your first step to to realize that your lifestyle needs to change inorder to change your situation, ie, stop spending more than you are bringing in. Do a budget, cut unnecessary expenses such as cell, texting, internet, cable/satellite, going out to eat. Next is to increase your income, this is done by picking up a temp job or a PT job. It may not be what you want to do, but it is all about the money. These steps really stink, but it isnot going to change any other way.
2. Call your legal lenders and make arrangements. Do NOT call the storefront! Call the Corp Office. The frontline employees generally do not have the authority to set-up payment plans for most companies. The online lenders will be tougher. You really need to open another account, but do NOT get another online loan or give your account number to a lender for payment.
You can get thru this, but it is not going to be fun or easy.
Good Luck.
Hi Shazz thanks!!! @PDLOwner. I actually don't spend anything
Hi Shazz thanks!!!
@PDLOwner. I actually don't spend anything on me or myself. I barely have enough for food most days. The only non "debt" things I pay for is rent and cell phone (lowest plan possible, no added features). The only reason I have a car was I used to have an older "paid off" low insurance cost car but it got stolen... I took the bus for 3 months and got carpools with coworkers until they saw bringing me home every day was a hassle and it made me feel like crap for asking. And the bus I would ahve kept doing it except every day I would have to transition to a 2nd bus in a dangerous part of town and I was always scared out of my life when the drug dealers would talk to me while I was waiting for my 2nd bus. So I got that 2nd car. I got a used car the cheapest yet best condition car I could find. But even then I have payments on it and the insurance is higher
If i cancel my cell and get like a pre-paid I will get charged a $175 early termination fee I cannot ford. I literally don't have money.
As far as the legal ones, I am sure they will arrange for an EPP for all three, but I can't afford to pay more for an EPP, my payments will end up being $45 to $75 every two weeks!
Can I really stop Zip19/Northway Financial (who operates in Malta) stop ACHing my account knowing I still have to pay rent/pay back the negative balance on my account when I get paid on the 30th which is also when the illegal loans deduct from my account???
How much have you paid to zip19 and fast and reliable thus far?
How much have you paid to zip19 and fast and reliable thus far? You may have already paid them off AND you may be due a refund. The refund is a stretch, but it does happen.
Quote:Originally Posted by Jen GeeHi Shazz thanks!!! @PDLOwner
Quote:
Originally Posted by Jen Gee Hi Shazz thanks!!! @PDLOwner. I actually don't spend anything on me or myself. I barely have enough for food most days. The only non "debt" things I pay for is rent and cell phone (lowest plan possible, no added features). The only reason I have a car was I used to have an older "paid off" low insurance cost car but it got stolen... I took the bus for 3 months and got carpools with coworkers until they saw bringing me home every day was a hassle and it made me feel like crap for asking. And the bus I would ahve kept doing it except every day I would have to transition to a 2nd bus in a dangerous part of town and I was always scared out of my life when the drug dealers would talk to me while I was waiting for my 2nd bus. So I got that 2nd car. I got a used car the cheapest yet best condition car I could find. But even then I have payments on it and the insurance is higher If i cancel my cell and get like a pre-paid I will get charged a $175 early termination fee I cannot ford. I literally don't have money. As far as the legal ones, I am sure they will arrange for an EPP for all three, but I can't afford to pay more for an EPP, my payments will end up being $45 to $75 every two weeks! Can I really stop Zip19/Northway Financial (who operates in Malta) stop ACHing my account knowing I still have to pay rent/pay back the negative balance on my account when I get paid on the 30th which is also when the illegal loans deduct from my account??? |
Just to be clear, no one is trying to judge you, only to help you.
As much as many here may not want to believe, we do not want to bury someone to the point where they cannot pay us back. With that said, in 15 years in the business, I have helped many in the same situation as you are currently in. The reality is that there are many places to cut expenses, but you must be honest with yourself. You say that you are not spending any money on yourself, but you are posting on the internet. Is this really something that you need to spend money on or a luxury that you feel that you just cannot do without?
As for your paycheck, go to your payroll dept and see if they can cancel your DD today and have a check ready for you on the 30th. Contact them and let us know in the next hour.
@PDLOwner, I don't pay for the internet where I live. Like I sai
@PDLOwner, I don't pay for the internet where I live. Like I said the only things I pay for other than debt is cell phone, rent, car/insurance, groceries. The car gas my sister helps me out with but that's all she can afford in general. But I am calling my payroll right now.
@ OhioGal...Zip/North isnt a revolving thing if that's what its called. You pay the entire amount + interest. Since I can't afford to do that I reborrow once they deduct my account. I have been in the reborrow cycle with them for more than a year now.
As far as Fast N Reliable, the principal is $400 and I paid the interest 2 weeks ago for $108. So technically all I owe them is $292 if my math is correct.
[QUOTE=Jen Gee;716522]@PDLOwner, I don't pay for the internet wh
[QUOTE=Jen Gee;716522]@PDLOwner, I don't pay for the internet where I live. Like I said the only things I pay for other than debt is cell phone, rent, car/insurance, groceries. The car gas my sister helps me out with but that's all she can afford in general. But I am calling my payroll right now.
@ OhioGal...Zip/North isnt a revolving thing if that's what its called. You pay the entire amount + interest. Since I can't afford to do that I reborrow once they deduct my account. I have been in the reborrow cycle with them for more than a year now.
As far as Fast N Reliable, the principal is $400 and I paid the interest 2 weeks ago for $108. So technically all I owe them is $292 if my math is correct.[/QUOTE]
Take the smallest loan and borrow $25 less each time. Continue setting aside the same amount that you are paying now and you will be able to pay larger amounts each time you must reloan.
Did you just take the loan out with F&R for the first time 2 weeks ago?
@PDLOwner yes that is correct. I just did it right now. But tha
@PDLOwner yes that is correct. I just did it right now. But that's the other thing. I can't afford to borrow $25 less each time. I'm already short every month as it is.
Called my payroll they said its too late to stop the paycheck on the 30th but its early enough to stop the one that's on the 16th.
The only fear I have is because i'm currently -504 short in my bank until i get paid on the 30th that my bank wont do a hard hold, deposit only, or ACH block...and if i do an ACH block they will charge me $29 for each one (3 because Zip splits deductions) and they said even then it might not work becuase as ppl said ont his site they will get pissed off and use their other "names" to do the same deduction.
Quote:Originally Posted by Jen Gee@PDLOwner yes that is correct.
Quote:
Originally Posted by Jen Gee @PDLOwner yes that is correct. I just did it right now. But that's the other thing. I can't afford to borrow $25 less each time. I'm already short every month as it is. Called my payroll they said its too late to stop the paycheck on the 30th but its early enough to stop the one that's on the 16th. The only fear I have is because i'm currently -504 short in my bank until i get paid on the 30th that my bank wont do a hard hold, deposit only, or ACH block...and if i do an ACH block they will charge me $29 for each one (3 because Zip splits deductions) and they said even then it might not work becuase as ppl said ont his site they will get pissed off and use their other "names" to do the same deduction. |
You are going to have to close your account and NOT take any new PDL's out with the new account. Of all of the online lenders, most "funnel" back to the same holding company, so your account number may get back to a lender that you owe money to.
What type of work do you do and what hours do you work?
Also, even though I'm short every two weeks should I still do th
Also, even though I'm short every two weeks should I still do the EPP with the 3 legal ones I have? Since I'm short anyway....and it'll be over in 2 months (4 payday cycles). I read here I should set it up with the Corporate office. If so will they let me go to the store front and pay the $75 bucks in person?
Quote:Originally Posted by PDLOwnerYou are going to have to clos
Quote:
Originally Posted by PDLOwner You are going to have to close your account and NOT take any new PDL's out with the new account. Of all of the online lenders, most "funnel" back to the same holding company, so your account number may get back to a lender that you owe money to. What type of work do you do and what hours do you work? |
How can I close my account when I'm short 504? I get paid on the 30th which will make the account positive but that's when they deduct the payday loans. So it wills till get deducted.
I work for an educational insitution. I work 8 to 5 , M - F.
Your math is correct on the Fast and Reliable, but that's ALL yo
Your math is correct on the Fast and Reliable, but that's ALL you owe them. They're an illegal lender. You only have to pay back the principal amount borrowed. As for Zip, you've overpaid them by whatever the "interest fee" is that they're charging you. They're also illegal.
You need to go to you bank and explain to them that these are illegal lenders withdrawing money from your account. You should have them reverse the most recent interest charge from Zip19 - and refund you the OD charges (if they will), since this was a fraudulent charge. Once you paid back the initial ($400 - $500), they were paid.
You're going to have to close your account and open a new one, period. If you don't they'll continue to withdraw money from your account. And they'll vary the amounts and the names of the company withdrawing the funds so a block won't work. It would only be a temporary fix.
If you explain to your bank that this is what's happening, they should help you. Sometimes the branch manager is the only person who can help you, but they will if you're persistent. I would suggest putting a hard ACH debit block on your account to start. That will protect you for a few days at least. Then close it.
After you've secured your account (and only after) you need to send illegal lender letters to these folks. Tell Zip you've overpaid and F&R that you'll repay the principal via money order through U.S. mail. There's a great thread on the site that tells you how to deal with illegal lenders. Find it and use it.
I would call the corporate offices of the storefronts and make payment arrangements with them. Usually, they'll work with you.
Talk to your bank about the situation and they can help you clos
Talk to your bank about the situation and they can help you close the account.
If you work for a school, there are plenty of hours left to work a second job. Get on it now as every day you wait is another day that you have to deal with these...
Quote:Originally Posted by OhioGal1Your math is correct on the F
Quote:
Originally Posted by OhioGal1 Your math is correct on the Fast and Reliable, but that's ALL you owe them. They're an illegal lender. You only have to pay back the principal amount borrowed. As for Zip, you've overpaid them by whatever the "interest fee" is that they're charging you. They're also illegal. You need to go to you bank and explain to them that these are illegal lenders withdrawing money from your account. You should have them reverse the most recent interest charge from Zip19 - and refund you the OD charges (if they will), since this was a fraudulent charge. Once you paid back the initial ($400 - $500), they were paid. You're going to have to close your account and open a new one, period. If you don't they'll continue to withdraw money from your account. And they'll vary the amounts and the names of the company withdrawing the funds so a block won't work. It would only be a temporary fix. If you explain to your bank that this is what's happening, they should help you. Sometimes the branch manager is the only person who can help you, but they will if you're persistent. I would suggest putting a hard ACH debit block on your account to start. That will protect you for a few days at least. Then close it. After you've secured your account (and only after) you need to send illegal lender letters to these folks. Tell Zip you've overpaid and F&R that you'll repay the principal via money order through U.S. mail. There's a great thread on the site that tells you how to deal with illegal lenders. Find it and use it. I would call the corporate offices of the storefronts and make payment arrangements with them. Usually, they'll work with you. |
So let me get this straight...I only technically owe F&R $292 and Zip 19/Northway owes me the interest I pay on them every time I reborrow which is $150?
How can I explain the fraudulent charge to my bank when ZIP deposited the $750 into my account (the principle) which I re-borrowed 2 weeks ago which was spent.
Quote:Originally Posted by PDLOwnerTalk to your bank about the s
Quote:
Originally Posted by PDLOwner Talk to your bank about the situation and they can help you close the account. If you work for a school, there are plenty of hours left to work a second job. Get on it now as every day you wait is another day that you have to deal with these... |
Thanks!
Technically as I stated in my original post I'm getting laid off due to budget cuts around 7/13 which makes my finances worse. Since I've found out about it 45 days ago I've been applying everywhere and haven't gotten hired yet but I still have to hear about 2 jobs I've applied for 3 weeks ago they haven't made a decision on.
I hope my bank works with me. What actions can I take if they dont while I remain persistent with them.
PDLOwner, I think that's bad advice. 2 of the 5 are illegal len
PDLOwner, I think that's bad advice. 2 of the 5 are illegal lenders. She shouldn't be going out and getting a part time job to give money to those people. Nor should she be in any big hurry to repay them, IMOP.
Jen, another thing; when you contact the corporate offices for the legal pdls, let them know your situation and ask them for an extended payment plan. As them to defer your first payment for a couple of weeks so you can actually pull some money together. They just want their money. If you're up front with them and you stick to your arrangments, they're remarkably easy to work with. And, yes, you've got it straight. Your bank will likely be familiar with this, but just sit down and tell them what's happened. Tell them you didn't realize this was an illegal lender and figure out how much you've overpaid these people. I would go through your statements for the past year and figure out how much you've overpaid. It's likely quite a bit of money. Your bank MAY reverse the most recent $900 payment if you can show them in black and white that you've overpaid. It's worth a shot and, if they do, it could give you the wiggle room you need to pay the others off and be free from this mess. When you send your letter to Zip, explain the same to them and back it up with the dollar amounts deposited and paid back over the past year. They won't like it but, they're an illegal lender. What are they going to do? Sue you?
Quote:Originally Posted by OhioGal1PDLOwner, I think that's bad
Quote:
Originally Posted by OhioGal1 PDLOwner, I think that's bad advice. 2 of the 5 are illegal lenders. She shouldn't be going out and getting a part time job to give money to those people. Nor should she be in any big hurry to repay them, IMOP. |
She is about to lose her job and her home, a part-time job or 2 is exactly what she need to do. The cash in needs to exceed the cash out. You MUST look at the big picture and not be focused on the 2 illegal lenders, they can kiss off at this point in time! The only thing that they can do with a closed bank account is call and be bothersome. Since Jen is being forced out due to budget cuts, that becomes a non-issue at work.
The bottom line here is that this is the best advice whether you agree or not....
Quote:Originally Posted by OhioGal1PDLOwner, I think that's bad
Quote:
Originally Posted by OhioGal1 PDLOwner, I think that's bad advice. 2 of the 5 are illegal lenders. She shouldn't be going out and getting a part time job to give money to those people. Nor should she be in any big hurry to repay them, IMOP. Jen, another thing; when you contact the corporate offices for the legal pdls, let them know your situation and ask them for an extended payment plan. As them to defer your first payment for a couple of weeks so you can actually pull some money together. They just want their money. If you're up front with them and you stick to your arrangments, they're remarkably easy to work with. And, yes, you've got it straight. Your bank will likely be familiar with this, but just sit down and tell them what's happened. Tell them you didn't realize this was an illegal lender and figure out how much you've overpaid these people. I would go through your statements for the past year and figure out how much you've overpaid. It's likely quite a bit of money. Your bank MAY reverse the most recent $900 payment if you can show them in black and white that you've overpaid. It's worth a shot and, if they do, it could give you the wiggle room you need to pay the others off and be free from this mess. When you send your letter to Zip, explain the same to them and back it up with the dollar amounts deposited and paid back over the past year. They won't like it but, they're an illegal lender. What are they going to do? Sue you? |
I wish i knew about this website before as i could have done this 2 weeks ago. My only shot at talking to my bank is tomorrow the day before it gets deducted and the day i get paid. I only have a 1 hour lunch break to handle this:(.
But even with all these bills and paying the 504 and all the stuff Ill end up short like I usually am. ABout -252 I think. If I can stop them from charging me on Wed. I can avoid the negative balance! I must due something. But I fear the bank wont do nothing ebcause of my negative balance.
But Im going to try!
Quote:Originally Posted by PDLOwnerShe is about to lose her job
Quote:
Originally Posted by PDLOwner She is about to lose her job and her home, a part-time job or 2 is exactly what she need to do. The cash in needs to exceed the cash out. You MUST look at the big picture and not be focused on the 2 illegal lenders, they can kiss off at this point in time! The only thing that they can do with a closed bank account is call and be bothersome. Since Jen is being forced out due to budget cuts, that becomes a non-issue at work. The bottom line here is that this is the best advice whether you agree or not.... |
Again, I disagree. If she qualifies for unemployment, at 60ish% of her current income, a part time job likely won't match that amount. Nor will it afford her the time to look for full time work with benefits.
I am looking at the big picture and I do agree that her income needs to be higher than her spending but, that's not going to happen before her next payday occurs and these bottom-feeders are withdrawing money from her account again - making her paycheck worthless and digging her further into the hole she's found herself in. I'm trying to help her get this nipped in the bud quickly so that she will actually have some of her paycheck to spend on REAL bills which MIGHT help her NOT lose her home.
The suggestions you're making sound more like those of "helpful" collection agents who are only looking to get paid. I think it's wrong of you to presume, since she works 8-5, M-F and in the school system, that she has "plenty of time" to go out and get a part time job or two. Perhaps she has children at home to take care of. Perhaps she goes to school during her time off. Perhaps she has elderly family members she tends to.
Quote:Originally Posted by Jen GeeI wish i knew about this websi
Quote:
Originally Posted by Jen Gee I wish i knew about this website before as i could have done this 2 weeks ago. My only shot at talking to my bank is tomorrow the day before it gets deducted and the day i get paid. I only have a 1 hour lunch break to handle this:(. But even with all these bills and paying the 504 and all the stuff Ill end up short like I usually am. ABout -252 I think. If I can stop them from charging me on Wed. I can avoid the negative balance! I must due something. But I fear the bank wont do nothing ebcause of my negative balance. But Im going to try! |
Jen, hopefully your bank will work with you to get this resolved. They may even credit to your account some of the money you've overpaid Zip and refund some of the OD charges. Please let us know how things go for you.
Quote:Originally Posted by OhioGal1Again, I disagree. If she qua
Quote:
Originally Posted by OhioGal1 Again, I disagree. If she qualifies for unemployment, at 60ish% of her current income, a part time job likely won't match that amount. Nor will it afford her the time to look for full time work with benefits. I am looking at the big picture and I do agree that her income needs to be higher than her spending but, that's not going to happen before her next payday occurs and these bottom-feeders are withdrawing money from her account again - making her paycheck worthless and digging her further into the hole she's found herself in. I'm trying to help her get this nipped in the bud quickly so that she will actually have some of her paycheck to spend on REAL bills which MIGHT help her NOT lose her home. The suggestions you're making sound more like those of "helpful" collection agents who are only looking to get paid. I think it's wrong of you to presume, since she works 8-5, M-F and in the school system, that she has "plenty of time" to go out and get a part time job or two. Perhaps she has children at home to take care of. Perhaps she goes to school during her time off. Perhaps she has elderly family members she tends to. |
Thanks. I work 8-5, M-F in a school system yes. My title is being laid off... but there are other positions on campus that I have applied to that have not chose anyone yet and I was one of the top candidates so we'll see what happens. Fortunately my boss has given me time (paid without using my vacation/sick pay) to interview and take the exams for these positions. SOmetimes i work past 5 as well. I technically have time to apply for jobs but the interviews probably not if I call in sick. The only reason he's letting me take time to take the exams/interviews its because its on campus still and I am not far...but I doubt I'll get the same courtesy for jobs off site.
The only time I can apply for other jobs is after work...interviewing for off site jobs is gonna be a challenge if i get any interviews for those. I can do a part time job if its in the evening or on weekends...but that's it. But as I've said earlier...most of the jobs that are out there that I've seen...and I have been looking for almost the past 45 days now since I was given notice and most of them are specialized or experience based...so its gonna be tough.
Quote:Originally Posted by OhioGal1Jen, hopefully your bank will
Quote:
Originally Posted by OhioGal1 Jen, hopefully your bank will work with you to get this resolved. They may even credit to your account some of the money you've overpaid Zip and refund some of the OD charges. Please let us know how things go for you. |
Maybe I can just tell them that the 504 is partially becuase an illegal lender is illegally giving me money and then deducting my account illegal interest.
But what if they ask me why i didn't do it sooner ...? If I end up telling them that I didn't realize they were an illegal CA lender and that they aren't supposed to charge me interest either...even then I doubt they'd do anything.
But I'll talk to the branch manager or the top top boss there.
Quote:Originally Posted by Jen Gee Can I really stop Zip19/Nort
Quote:
Originally Posted by Jen Gee Can I really stop Zip19/Northway Financial (who operates in Malta) stop ACHing my account knowing I still have to pay rent/pay back the negative balance on my account when I get paid on the 30th which is also when the illegal loans deduct from my account??? |
You REALLY need to close that account after you have made arrangements with the legal lenders, then you can set up arrangements with the illegal ones, via the mail with money orders, but all that you owe the illegal lenders is what you borrowed to begin with, and not a penny more. You see, if you leave this account open and revoke their ACH rights, they will debit your account under a different name. These lenders are nothing more than criminals, you wouldn't leave your account opened if a street criminal stole all your personal account information would you? It would be in your best interest to close it.
Quote:Originally Posted by Jen GeeHow can I close my account whe
Quote:
Originally Posted by Jen Gee How can I close my account when I'm short 504? I get paid on the 30th which will make the account positive but that's when they deduct the payday loans. So it wills till get deducted. I work for an educational insitution. I work 8 to 5 , M - F. |
Place a hard debit block on that account so nothing can come out and only deposits will go in, you will still have access to your money, you will just need to go into your bank to make withdrawals, but it's worth the time and effort to protect yourself. Also, you need to speak directly with the branch manager, no one else will do. Something that banks never tell their customers is this; they will sometimes remove fees (or at least part of them) if the customer requests it, but most banks will only do this once a year, some banks don't do it at all, but it doesn't hurt to ask, just explain your circumstances, you are a victim of these illegal lenders. Again, you will need to speak directly with the branch manager, call the bank ahead and make an appt to speak with the manager.
Quote:Originally Posted by Jen GeeMaybe I can just tell them tha
Quote:
Originally Posted by Jen Gee Maybe I can just tell them that the 504 is partially becuase an illegal lender is illegally giving me money and then deducting my account illegal interest. But what if they ask me why i didn't do it sooner ...? If I end up telling them that I didn't realize they were an illegal CA lender and that they aren't supposed to charge me interest either...even then I doubt they'd do anything. But I'll talk to the branch manager or the top top boss there. |
You might be surprised what they will do for you, all they can say is no so you may as well ask!
[QUOTE=OhioGal1;716674] The suggestions you're making sound mor
[QUOTE=OhioGal1;716674]
The suggestions you're making sound more like those of "helpful" collection agents who are only looking to get paid. I think it's wrong of you to presume, since she works 8-5, M-F and in the school system, that she has "plenty of time" to go out and get a part time job or two. Perhaps she has children at home to take care of. Perhaps she goes to school during her time off. Perhaps she has elderly family members she tends to.[/QUOTE]
I adviced a PT job or 2.
She is losing her job as of 7/30
She is being forced out of her rental home due to LL selling.
Now, as for me presuming, read the bolded statements above. Jen can make excuses and continue doing the same thing that she has done for the last 45 days and have the same results or she can listen to me, who has helped many out of her situation. I do not have a vested interest in her situation, but have been providing suggestions that may help her if she chooses to listen. I have been there and done that.
[QUOTE=PDLOwner;716819]I adviced a PT job or 2. She is losing
[QUOTE=PDLOwner;716819]I adviced a PT job or 2.
She is losing her job as of 7/30
She is being forced out of her rental home due to LL selling.
Now, as for me presuming, read the bolded statements above. Jen can make excuses and continue doing the same thing that she has done for the last 45 days and have the same results or she can listen to me, who has helped many out of her situation. I do not have a vested interest in her situation, but have been providing suggestions that may help her if she chooses to listen. I have been there and done that.[/QUOTE]
I'm losing my job on 7/13. I have to move out by 7/30 for clarification.
What do you mean i've made excuses for 45 days? Since when did I do that? All I said was I got the layoff notice 45 days ago and I've been applying to jobs on campus and the only ones that I've seen off site were ones that were specialized looking for people with experience.
:-o
I'm calling the Legal PDLs early tomorrow to request the EPPs from the corporate offices (hopefully I can afford to). Tomorrow I am also going to call the bank early and make an appointment w/ the branch manager tomorrow for a hard debit block and/or closing my account and reopen a new one and that I'll be okay that they just put the negative balance on the new account. Cause after all I haven't put it current yet until my paycheck is deposited.
Then when / hopefully if I get the hard debit block or closed account the 2 illegal deductions wont go through. I'll get harrassed probably. I'll ahve my letters ready and my wage assignment ready for zip19 and F & R. Ill also file complaints with the AG, FTC, and BBB.
I hope I'm not forgetting anything.
Quote:Originally Posted by Jen GeeI'm losing my job on 7/13. I h
Quote:
Originally Posted by Jen Gee I'm losing my job on 7/13. I have to move out by 7/30 for clarification. What do you mean i've made excuses for 45 days? Since when did I do that? All I said was I got the layoff notice 45 days ago and I've been applying to jobs on campus and the only ones that I've seen off site were ones that were specialized looking for people with experience. :-o I'm calling the Legal PDLs early tomorrow to request the EPPs from the corporate offices (hopefully I can afford to). Tomorrow I am also going to call the bank early and make an appointment w/ the branch manager tomorrow for a hard debit block and/or closing my account and reopen a new one and that I'll be okay that they just put the negative balance on the new account. Cause after all I haven't put it current yet until my paycheck is deposited. Then when / hopefully if I get the hard debit block or closed account the 2 illegal deductions wont go through. I'll get harrassed probably. I'll ahve my letters ready and my wage assignment ready for zip19 and F & R. Ill also file complaints with the AG, FTC, and BBB. I hope I'm not forgetting anything. |
Sorry, I grabbed the wrong date!
As for excuses, you cannot put all of your hopes into one of these jobs coming thru and was a poor choice of words. You mentioned that you have been applying for others, but keep getting turned down. Based on what you have stated, it sounds like you are going to have to get a second job for a time to make ends meet. Your money is tight and it will not get better until you can get ahead and with the move, you have some big expenses coming very quick.
When you are thinking about EPP's, crunch some numbers and see if you will have the funds to break the total due (principal and interest) to 4 payment and pay this each pay period. Do not include the illegal lenders. BTW, have you used the EPP with any of your legal lenders in the last 12 months? If you have, they can refuse to extend the offer.
[QUOTE=PDLOwner;716819]I adviced a PT job or 2. She is losing
[QUOTE=PDLOwner;716819]I adviced a PT job or 2.
She is losing her job as of 7/30
She is being forced out of her rental home due to LL selling.
Now, as for me presuming, read the bolded statements above. Jen can make excuses and continue doing the same thing that she has done for the last 45 days and have the same results or she can listen to me, who has helped many out of her situation. I do not have a vested interest in her situation, but have been providing suggestions that may help her if she chooses to listen. I have been there and done that.[/QUOTE]
Making a statement that a member is "making excuses" is being judgmental and bias. Let's all just provide the information needed and leave it to that, please. I'm not going to stand by and allow a Debt Samaritan who is representing this site treat a new member unfriendly, who clearly needs help. Let's stop this right now or I will close this thread.
Quote:Originally Posted by ShazzersMaking a statement that a mem
Quote:
Originally Posted by Shazzers Making a statement that a member is "making excuses" is being judgmental and bias. Let's all just provide the information needed and leave it to that, please. I'm not going to stand by and allow a Debt Samaritan who is representing this site treat a new member unfriendly, who clearly needs help. Let's stop this right now or I will close this thread. |
Hi All! Good news. So with this Overdraft of 504...I was worrieda bout my rent. But a call to the landlord about excusing the last months rent since she sold the house anyway and she was OK with it. Her terms were that she's witholding the security deposit. I was ok with that since rent is higher than the security deposit!
Which means I won't be -504. I also called the bank and the branch manager isn't in but I spoke to another manager and told him I wanted a Hard Debit Block on my account and I told him why. He was very friendly and said we could meet around noon (time i suggested) to discuss it.
GOOD NEWS all around!
Also regarding my job thing, HR called regarding a job i applied for (higher pay/ challenging position) for my own department (same boss) and asked if I was still interested.
I told her yes! So that could be good news!
I have to call the EPPs after the bank manager thing becuase I have been unable to do it this morning because work has been craaazy.
Good news all around! Wish me luck.
Quote:Originally Posted by Jen GeeHi All! Good news. So with thi
Quote:
Originally Posted by Jen Gee Hi All! Good news. So with this Overdraft of 504...I was worrieda bout my rent. But a call to the landlord about excusing the last months rent since she sold the house anyway and she was OK with it. Her terms were that she's witholding the security deposit. I was ok with that since rent is higher than the security deposit! Which means I won't be -504. I also called the bank and the branch manager isn't in but I spoke to another manager and told him I wanted a Hard Debit Block on my account and I told him why. He was very friendly and said we could meet around noon (time i suggested) to discuss it. GOOD NEWS all around! Also regarding my job thing, HR called regarding a job i applied for (higher pay/ challenging position) for my own department (same boss) and asked if I was still interested. I told her yes! So that could be good news! I have to call the EPPs after the bank manager thing becuase I have been unable to do it this morning because work has been craaazy. Good news all around! Wish me luck. |
Good Luck. I hope it all works out.
Excellent news, Jen! Please do keep us posted. Thanks, Shazz!
Excellent news, Jen! Please do keep us posted.
Thanks, Shazz!
Quote:Originally Posted by OhioGal1Excellent news, Jen! Please d
Quote:
Originally Posted by OhioGal1 Excellent news, Jen! Please do keep us posted. Thanks, Shazz! |
I had a tough time getting a hold of a rep at the corporate offices of my legal lenders and to add to that I'm at work and its a busy day and everyone is always around my desk so it makes it hard to have a conversation. 1 Lender transferred me to the local store branch, another lender had a voice mail message, and the other one I could not even find their website.
Which is fine because I can't afford an EPP anyway after working out the #s. So I'll take the reloan and see if I can put down anything more than the $45 in interest.
Good news.
Went to the local branch and spoke to one of the managers and he put a hard debt block. We also took a good look at my last 3 months of transactions. He's aware of what kind of lender they are...suggested I also call their fraud department to see if after investigation they can reverse some related fees. He said that my paycheck has to go through tomorrow for them to shut down the account. Once my account is positive tomorrow he said to visit him at the sme time so he can close my account and reissue a new one.
He also suggested and agreed about all the other advice you guys suggested as far as letters and etc. He also made his own boss' aware of the siutation if isn't in when I show up.
But like I said he put a hard debit block on my account. So I save $250! Which can be used either to pay off one of my loans or part of the money i have to save for a new place I have to find before 7/30.
Which do you suggest? I think i should use it for moving expenses cause I don't know how much more money I'll eb able to come up with since I still have to pay for my car registration.
I'll work on my letters and plan of action tonight!
Good for you, things will work out, just be persistent and keep
Good for you, things will work out, just be persistent and keep us posted on your progress!
Quote:Originally Posted by ShazzersGood for you, things will wor
Quote:
Originally Posted by Shazzers Good for you, things will work out, just be persistent and keep us posted on your progress! |
Thanks!
I just sent via email to my illegal lenders at:
Fast and Reliable Cash [EMAIL="customerservice@fastandreliablecash.com"]customerservice@fastandreliablecash.com[/EMAIL]
and
Zip19.com/Northway Financial [EMAIL="customercare@zip19.com"]customercare@zip19.com[/EMAIL]
Plus I already filed complaints with the BBB and FTC already on Zip19. I will do the same for Fast and Reliable tomorrow as well as call the CA Attorney General about both tomorrow.
On my letters I stated that since 2009 I have paid well over $1800 in interest fees on the loans they have deposited in my account I have had with Zip19.com and that I am demanding they mark my account as Paid In Full and refund me no less than the minimum of $1,800.00
With Fast and Reliable, I stated the same thing but I only stated I was seeking only in writing Paid In Full.
I did add also the parts about how they aren't allowed to contact me via telephone at home, cell, or at work, nor my references. That all writing needs to be via regular mail or e-mail.
Tomorrow I will also be writing up my Wage Assignment letters even though they were included in the aforementioned email and printing copies ahead of time to give to my payroll/HR department.
Its gonna get difficult as early as friday.
Also, I went to the AG website to get their # but they give alot
Also, I went to the AG website to get their # but they give alot of #'s and departments for different complaints. Does anyone know the link to the write information off hand or point me in the right director or has the telephone # handy?
You'll be fine and you're well on your way. Good news with the
You'll be fine and you're well on your way. Good news with the bank and that you'll have a positive balance in your account. I know that feeling and it is amazing!
Quote:Originally Posted by OhioGal1You'll be fine and you're wel
Quote:
Originally Posted by OhioGal1 You'll be fine and you're well on your way. Good news with the bank and that you'll have a positive balance in your account. I know that feeling and it is amazing! |
Thanks All!
Good news is i got paid more for some reason than i thought i did!!!! Woo hoo.
I went to one of my store lenders and I reborrowed $25 less!
But I can't do that for the other 2 becuase i have my car registration to pay.
[QUOTE=Jen Gee;717847]Thanks All! Good news is i got paid more
[QUOTE=Jen Gee;717847]Thanks All!
Good news is i got paid more for some reason than i thought i did!!!! Woo hoo.
I went to one of my store lenders and I reborrowed $25 less!
But I can't do that for the other 2 becuase i have my car registration to pay.[/QUOTE]
Don't worry about doing that with the other 2 yet. Keep borrowing $25 less each time on this one and in a few times, you can reduce by $50, then $75 and so on. As this progresses, you will be able to pay more down each time and get out of the PDL's in a way that works for you and keeps them off of your back.
The key is to rememeber to budget the same amount every two weeks to go to PDL's. Do NOT reduce this amount until you are paid in full!
Thanks! HELPPPPPPPPP I spoke to my HR / Payroll Department. T
Thanks!
HELPPPPPPPPP I spoke to my HR / Payroll Department. They said as far as the wage assignment/garnishment is.... they said if they get something from zip 19/Northway or Fast & Reliable they said they have to honor the requests and that its up to me and the lender to cancel it.
I kept telling her that they can't set up a garnishment or wage assignment becuase they are an illegal lender...and my payroll can't do anything about it.
What do I do?!?!?!?!!?
Jeez, you mean your HR person doesn't know the difference betwee
Jeez, you mean your HR person doesn't know the difference between wage assignment and garnishment? Of course they would have to honor a court ordered wage garnishment, but not a wage assignment. There is a difference and it sounds like you are the one who is going to need to educate them. A wage assignment is VOLUNTARY and can be revoked at ANY time. Just take the letter you sent to the payday lenders and highlight the part that states you revoked their rights to any wage assignments, that should do it. If they are still in question, tell them to look up the federal laws on voluntary wage assignments, they MUST honor your revocation.
Quote:Originally Posted by Jen GeeThanks! HELPPPPPPPPP I spoke
Quote:
Originally Posted by Jen Gee Thanks! HELPPPPPPPPP I spoke to my HR / Payroll Department. They said as far as the wage assignment/garnishment is.... they said if they get something from zip 19/Northway or Fast & Reliable they said they have to honor the requests and that its up to me and the lender to cancel it. I kept telling her that they can't set up a garnishment or wage assignment becuase they are an illegal lender...and my payroll can't do anything about it. What do I do?!?!?!?!!? |
inform your boss of this.your HR person is subjecting the company to a lawsuit by you if your HR person allows a wage assignment after a revocation was submitted to be paid.that is important.if your HR person allows this even after a revocation letter was presented.you can sue your employer without reprisal.also the HR person will most likely be fired for getting the company sued.
Wage assignments are voluntary and can be revoked at any time.
Wage assignments are voluntary and can be revoked at any time. Show them the law:
http://frwebgate.access.gpo.gov/cgi-bin/get-cfr.cgi?YEAR=current&TITLE=16&PART=444&SECTION=2&SUBPART=&TYPE=TEXT
"The assignment by its terms is revocable at the will of the
debtor"
Quote:Originally Posted by David1277749905Wage assignments are v
Quote:
Originally Posted by David1277749905 Wage assignments are voluntary and can be revoked at any time. Show them the law: http://frwebgate.access.gpo.gov/cgi-bin/get-cfr.cgi?YEAR=current&TITLE=16&PART=444&SECTION=2&SUBPART=&TYPE=TEXT "The assignment by its terms is revocable at the will of the debtor" |
Thanks shaz. I tried to get her to understand that i was talking about a wage assignment not a garnishment but she probably did misunderstand what I was saying. I think I'm going to talk to the manager next time and give the manager the copy of the wage assignment letter.
I spoke to two HR people. One didn't know what a wage assignment was and the other was the one that said they had to honor it.
Manager next. Bastards.
Quote:Originally Posted by Jen GeeThanks shaz. I tried to get he
Quote:
Originally Posted by Jen Gee Thanks shaz. I tried to get her to understand that i was talking about a wage assignment not a garnishment but she probably did misunderstand what I was saying. I think I'm going to talk to the manager next time and give the manager the copy of the wage assignment letter. I spoke to two HR people. One didn't know what a wage assignment was and the other was the one that said they had to honor it. Manager next. Bastards. |
hate to be harsh,but the idiot who said they had to honor it should be fired on the spot.they are going to get the company sued.if not by you then by somebody.they know nothing about their job,and shouldn't have that job.
I am back all. My 2 illegal lenders have not tried to call me or
I am back all. My 2 illegal lenders have not tried to call me or done the wage assignment thing, even all i've done was send both a full length letter via email based on the template on this site.
Im gettin ready to send a hard copy version but I don't know what the correct address to mail those letters to.
One is fast & reliable cash
the other one is Zip19.com
What addresses should i use since one of them is overseas.
Fast & Reliable Cash Advance, LLC
Fast & Reliable Cash Advance, LLC 110 W 9th Street, Suite 946
Wilmington, DE 19801
Fast and Reliable Cash Advance, LLC 32 West 200 South #415
Salt Lake City, UT 84101
Multiple Addresses. Click to show / hide all. Okay All I got some decent news. Fast and Reliable Cash still h
Okay All I got some decent news. Fast and Reliable Cash still hasn't responded via mail. I will check via email. Do I wait until they do respond or just continue to do nothing?
Zip 19 Responded last week via regular mail from their Malta Address. In the letter they state they have recieved my email (based on the template this website gave me that stated they are legal etc., they owe me a refund, and etc.)
They go on to state their "laws" but then they are willing to offer me 5 payments of $150 each (TOTAL $750) which is the principal amount. They want it paid off by January 29, 2011. They want it by MoneyGram or by check sent to their Surrey Canada address. They also state once the 5 payments are made. The file is CLOSED.
What should I do? I don't think I owe them because of all the "interest" they have charged me since 2009. Any advice?
I have not responded yet.