Please help w/ 6 payday loans!
Date: Thu, 07/08/2010 - 21:34
I live in FL and all loans I have received were online....
1) Ameriloan for $500 paid about $150
2) Mesa Financial for $450 paid about $140
3) ACE cash service for $300 paid about $180
4) QXonline for $300 paid about $180
5) Sandpoint Capital for $300 paid about $180
6) Oasis1 Marketing for $300 paid about $270
The amounts that I have paid back have just been to renew the loans and I have found out I am just digging myself a deeper and deeper grave..... Any ideas on how to get help or settle or anything at all? Thanks in advance to anyone who takes the time to help me! Have a great day!
Stephen
Hi there, Your payday loan laws are at the link below, Internet
Hi there,
Your payday loan laws are at the link below, Internet payday lenders are required to be licensed in your state and the link for the data base to search for these lender licenses are below also. Just so you are aware, CSO's (Credit Service Organizations) are also available in your state, so you want to make sure none of your lenders are CSO's (I don't think they are), CSO do not follow the payday loan laws, I have more research to do before I can give you any info on these lenders, meanwhile, here are the other two links:
http://www.paydayloaninfo.org/stateinfo/FL.asp
https://real.flofr.com/ConsumerServices/SearchLicensingRecords/Search.aspx
The following lenders below are NOT licensed to lend in your sta
The following lenders below are NOT licensed to lend in your state, nor are they CSO's.
Ameriloan
ACE cash service
These I know for sure ^^^, I am checking on the other ones. Meanwhile, CLICK HERE to find out how to deal with illegal lenders.
Mesa Financial is listed as a Consumer Finance & Loan company at
Mesa Financial is listed as a Consumer Finance & Loan company at the BBB site, can you tell me whether this was an installment type of loan?
Actually on loans # 3) 5) 6) I have paid in $360 each so far not
Actually on loans # 3) 5) 6) I have paid in $360 each so far not those other amounts... I just double checked my account....
And thanks again for being so helpful!
Stephen
Obviously they aren't licensed to lend in your state either so a
Obviously they aren't licensed to lend in your state either so add them to your list of illegal lenders.
Sandpoint Capital, LLC
P.O. Box 636
Charleston, Nevis West Indies
Phone Number 1-800-708-4342
Fax Number 1-800-708-4351
Quote:Originally Posted by AnonymousYes it was an installment ty
Quote:
Originally Posted by Anonymous Yes it was an installment type of loan. |
OK, if it's an installment type of loan then they don't have to follow your payday loan laws, so that would make them a legal lender and one you will need to call or email to make payment arrangements, or, could be once I research all these lenders it will be the only one you will owe anyway. Let's just find out first who is legal and who is not.
So far:
Illegal lenders:
Ameriloan
Sandpoint Capital
Ace Cash Services
Legal:
Mesa Financial
I am still researching, by the way.
I'm assuming it's an installment type of loan from mesa financia
I'm assuming it's an installment type of loan from mesa financial... They have been debiting my account bi weekly for quite a while....
Do you know is Oasis1 Marketing is an installment loan? I am le
Do you know is Oasis1 Marketing is an installment loan? I am leaning towards illegal with them but I need to know if the loan you obtained from them was a payday loan or installment loan? Also, do you have a contact number for them in your contract, or address?
Quote:Originally Posted by AnonymousI'm assuming it's an install
Quote:
Originally Posted by Anonymous I'm assuming it's an installment type of loan from mesa financial... They have been debiting my account bi weekly for quite a while.... |
Since they are listed as a Consumer Finance Co., I would venture to say they are legal. Do you happen to have their contract they should have sent to you in your email?
i believe they were all payday loans...not exactly sure what "in
i believe they were all payday loans...not exactly sure what "installment loans" is refering to... However, for oasis1 the phone# is 1-866-209-3035 that was listed on my bank statement...Haven't found a address yet but am still looking....
I have done research before on QXonline and what I have discove
I have done research before on QXonline and what I have discovered about them is, they are basically a company who locates a payday loan for people who apply, so, what you need to do is look at your bank statement to see what the name of the company is that withdrew from your account, it could be one of many different companies, my best guess is they aren't licensed in your state, because what I have discovered so far is the companies they have listed as lenders haven't been licensed anywhere I could find, so far.
This is actually my 2nd loan thru Mesa Financial and no I have g
This is actually my 2nd loan thru Mesa Financial and no I have gotten an email from them, I just call him and Doug does the deposit...
Quote:Originally Posted by Anonymousi believe they were all payd
Quote:
Originally Posted by Anonymous i believe they were all payday loans...not exactly sure what "installment loans" is refering to... However, for oasis1 the phone# is 1-866-209-3035 that was listed on my bank statement...Haven't found a address yet but am still looking.... |
An installment lender sets up a payment plan, a payday lender requires full payment on your next payday.
I am telling you, you will need to close your account because it will never be safe again, even if you put an ACH block on the illegal lenders you have it will only be temporary, they will change their name and hit your account over and over again. All you owe them is the principal amount you borrowed to begin with, no interest, no fees. Deduct the payments you have made so far to each one and the remaining amount is all you would owe, they may even owe you a refund, but getting one might be another story, doesn't hurt to try though. Read the thread on how to deal with illegal lenders, I gave you a link above, it will guide you step by step on how to deal with these illegal lenders.
Quote:Originally Posted by AnonymousThis is actually my 2nd loan
Quote:
Originally Posted by Anonymous This is actually my 2nd loan thru Mesa Financial and no I have gotten an email from them, I just call him and Doug does the deposit... |
I see, well, based on the information I have dug up on them so far, I would guess they are legal, therefore, you will need to make other payment arrangements with them. Closing your account is your only safe option to protect you from these illegal thieves.
Well I think all my payday loans wanted their money back right a
Well I think all my payday loans wanted their money back right away but gave me the option to just pay their fee and have it roll over for another 2 weeks and pay the same fees over and over again....Ok I will try and do that tomorrow actually at my bank and go through the steps, I may come back to you if I get confused again if that's okay.... Thanks again for helping me in this horrific time...It is really a hard lesson learned.... Never again will I touch payday loans.
Quote:Originally Posted by AnonymousWell I think all my payday l
Quote:
Originally Posted by Anonymous Well I think all my payday loans wanted their money back right away but gave me the option to just pay their fee and have it roll over for another 2 weeks and pay the same fees over and over again....Ok I will try and do that tomorrow actually at my bank and go through the steps, I may come back to you if I get confused again if that's okay.... Thanks again for helping me in this horrific time...It is really a hard lesson learned.... Never again will I touch payday loans. |
Well, your state law for payday loans says you can't roll over a loan, so if they gave you that option that pretty much tells you they are illegal lenders. If you have any further questions, feel free to ask.
OKay sounds good, and I will...Thanks so much for being so aweso
OKay sounds good, and I will...Thanks so much for being so awesome, your a life saver!