FL Payday Loan Help Needed
Date: Fri, 12/10/2010 - 07:22
Money2advance paid 75 on 600 loan
Ameriloan-paid nothing yet
Integrity- paid 482 on 300 loan
Extra cash live- paid 90 on 300
Magnum cash advance-paid 116. on a 350 loan
I need to know if they are licensed to loan in Florida. I don't have a problem paying back origial amountsbut the fees are kiliing me. Also I have opened up another account at another bank, but BOA is giving me a hard time, Put money in and make it positive and when I do they ley someone else go and take money out and then I call them and tell them and no w they can't again because it is negative. I need this weekend to stay in touch with these people and then maybe they will lay off.
Help me with what I can do.
Quote:I live in Florida, I have 5 IPDLs Money2advance paid 75 on
Quote:
I live in Florida, I have 5 IPDLs Money2advance paid 75 on 600 loan Ameriloan-paid nothing yet Integrity- paid 482 on 300 loan Extra cash live- paid 90 on 300 Magnum cash advance-paid 116. on a 350 loan I need to know if they are licensed to loan in Florida. I don't have a problem paying back origial amountsbut the fees are kiliing me. Also I have opened up another account at another bank, but BOA is giving me a hard time, Put money in and make it positive and when I do they ley someone else go and take money out and then I call them and tell them and no w they can't again because it is negative. I need this weekend to stay in touch with these people and then maybe they will lay off. Help me with what I can do. |
Hi, I am going to make your post a stand alone topic, this way it will be easier for you to locate and all of your information will be in one place. I will titles the topic "FL Payday Loan Help Needed".
The first thing you need to do is close your account, I know tha
The first thing you need to do is close your account, I know that BOA is quite difficult to work with and that is why it's important that you speak directly with the branch manager, no one else will do, you need to actually walk into the bank and do this. All of your lenders are illegal, you will need to discuss this with the branch manager and explain that you are be robbed, since your account is in the negative they won't let you close it, however, you can request a "hard debit block" be placed on it, in fact, insist this be done. More info to follow.
The EFTA (Electronic Funds Transfer Act) states that you have a
The EFTA (Electronic Funds Transfer Act) states that you have a right to revoke all of these lenders rights to debit your account, the bank may try to tell you that you signed electronically to allow them access to your account but that doesn't matter, you still have the right to revoke it, hence the EFTA. A financial institutions responsibility is to honor your revocation, but you MUST give the bank a written (dated) letter revoking each lenders right to debit your account. This is only a temporary fix because as soon as the lenders realize you have done so they will change their names and debit your account AGAIN. That is why it is important that you have a hard debit block placed on your account, this way no money can go out of your account, then you can get in back into the positive so you can close it permanently.
Lastly, CLICK HERE to find out how to deal with illegal lenders.
Lastly, CLICK HERE to find out how to deal with illegal lenders.
Poohedout2, Listen to Shazzers and follow the directions provid
Poohedout2,
Listen to Shazzers and follow the directions provided to you. This is the only way to get out from underneath the PDL mess.
