Deep in paydayloan debt

Date: Fri, 09/03/2010 - 20:36

Submitted by anonymous
on Fri, 09/03/2010 - 20:36

Posts: 202330 Credits: [Donate]

Total Replies: 4

I live in Louisiana and currently have 4 on line payday loans. The amounts are as follows payday one 1000.00, cashnet usa 300.00, extracash live 700.00, and another one for 300.00 but I can't recall the name of the company at this second. I have gotten in over my head and am not able to continue to pay these loans back. I am considering closing my bank account and trying to make arrangemants to pay each one off one at a time. Can they sue me or garnish my check if I do this? I don't know what else to do. I have bouce stoppers at my bank but they carge 25.00 each time and my limit is 700.00 . I can't get out of the vicious cycle of getting paid and being broke the same day because of these loans. I'm constantly in the negtive. Please help!

Cashnetusa is a legal lender, they have an extended payment plan

Cashnetusa is a legal lender, they have an extended payment plan, but they won't tell you about it, you have to ask for it.

Extracashlive - Is that a store front loan or Internet loan? I am not finding a license for them.

I can't help you with the other lenders unless I know the names of them, and whether they are store front loans or Internet loans.

As far a garnishment, they can only do that if they go to court. They can use a wage assignment though, however, all you have to do is send them a letter via email or through U.S. Postal service that states you are revoking their right to any wage assignments you may have signed, but you have to take a dated copy of that letter and show it to your employer.

lrhall41

Submitted by Shazzers on Sat, 09/04/2010 - 15:10

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Loanpoint usa and paydayone are the other twoo companies and ext

Loanpoint usa and paydayone are the other twoo companies and extracashlive is a online payday company.

lrhall41

Submitted by on Sat, 09/11/2010 - 13:31

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Loanpoint USA and extracashlive are both illegal in the state of

Loanpoint USA and extracashlive are both illegal in the state of Louisiana. Check here how to deal with them: http://www.debtconsolidationcare.com/paydayloan/illegal-pdl-dealings.html

lrhall41

Submitted by paulcahill80 on Sat, 09/11/2010 - 15:44

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Quote:Originally Posted by AnonymousLoanpoint usa and paydayone

Quote:

Originally Posted by Anonymous

Loanpoint usa and paydayone are the other twoo companies and extracashlive is a online payday company.

Paydayone is a legal lender, they also offer an extended payment plan and are very easy to work with, just explain that you are having a difficult time and need the extended payment plan.

lrhall41

Submitted by Shazzers on Sat, 09/11/2010 - 17:59

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