Louisiana
Date: Thu, 08/26/2010 - 12:34
Okay here are my internet loans that i have out to date:
Ameriloan: $300 paid $90
Eastside Lenders-$400 paid $120
United Cash Loan-$400 not paid anything, but they will start w/drawing $120 on 9/3/10
Ace Cash Services-$400 I only 1 more payment of $65
PayDayOne-$952 (i kept getting increases) paid out $1556 to date in interest/fees
I am about to approach my bank to have them shut my account down, i do have my letters ready to go to the lenders. I have decided to go ahead and pay out Ace since its only $65. I don't have addresses to send the letters however, so do i send them via email? and then what.....do i just sit back and wait for all hell to break loose?? I'm willing to do whatever I can to get my life back. I don't know how this happened, you think you can manage and then all of a sudden you are living a nightmare. Trust me whatever assistance i get here i will pay it forward.
Thanks so much for all that you do! :)
Ameriloan: $300 paid $90
Eastside Lenders-$400 paid $120
United Cash Loan-$400 not paid anything, but they will start w/drawing $120 on 9/3/10
Ace Cash Services-$400 I only 1 more payment of $65
PayDayOne-$952 (i kept getting increases) paid out $1556 to date in interest/fees
I am about to approach my bank to have them shut my account down, i do have my letters ready to go to the lenders. I have decided to go ahead and pay out Ace since its only $65. I don't have addresses to send the letters however, so do i send them via email? and then what.....do i just sit back and wait for all hell to break loose?? I'm willing to do whatever I can to get my life back. I don't know how this happened, you think you can manage and then all of a sudden you are living a nightmare. Trust me whatever assistance i get here i will pay it forward.
Thanks so much for all that you do! :)
Except for Paydayone, which is licensed everywhere in the US, no
Except for Paydayone, which is licensed everywhere in the US, none of the other PDLs are legal in LA. After you close your account, you should send them letters/emails that you will only be paying the principal amount borrowed. Send these payments via money order or cashier check. Click here to know how to deal with these illegal lenders: http://www.debtconsolidationcare.com/paydayloan/illegal-pdl-dealings.html
As for paydayone, you should inform them that you have closed your account. You have to pay them back according to the PDL laws of your state. Remember that rollovers are not allowed in your state.
