Online Payday Loan Help

Cashnetusa and Speedy cash are both legal lenders, they offer an extended payment plan, but you will need to request it. Just explain that you had to close your account due to some fraudulant activity and will not be opening a new account, instead you will need to make payments to them via the mail with money orders. Don't give them any new account information, not now or even in the future.

The other two lenders are NOT licensed/legal lenders. Definitely make sure you send them the revocation letters, and let them know that you are aware they aren't licensed to lend in your state and your state requires they be licensed (by the state of La.). If I were you, I wouldn't worry about the illegal ones right now, pay off the legal ones first because they are the ones that can sue you, the illegal ones can't. Then, after you have your finances under control, you can work on paying off the illegal ones. You only owe the the principal amount you borrowed, they are not entitled to fees and interest because they do not have the proper licensing.

Continued...

Ameriloan and Paydaymax will use all kinds of reasons why they are legal, but it just isn't true, they will threaten you with jail, curse you out on the phone, try to make you believe that since you signed a loan contract you are bound by their laws, all kinds of garbage, but none of it is true.

You make the terms, do not negotiate with them, they will lie and lie and lie to you, all in the name of trying to obtain money from you. Do not give them your new account information, illegal online payday lenders share information, so if one has it, they all do.

Tell them plain and simple (along with your revocation letter), you will make payments to them via the mail with money orders (they will try to tell you they can't accept payments through the mail), and clearly tell them if they don't give you a valid address (tell them no p.o. box numbers) then they won't receive any payments. No address, no payments. No negotiating, your terms or nothing at all.
CLICK HERE to find out how to deal with illegal lenders.

Like I said, take care of your legal lenders first and foremost. Worry about the illegal lenders later, because they are going to take you for a ride first anyway, it's hard to tell how long it will take them to see the light and agree to your terms.

Also, file complaints against them (the illegal lenders) for not complying with the law, the FTC, BBB and your state attorney general's office, you can do so online. It's very important that you file these complaints.

One more thing, you might want to talk to your employer about this, just let them know that you have been scammed and had to close your personal account, but you are taking all the proper steps with your state officials to resolve the situation, meanwhile you may begin receiving phone calls at work, but you have no control over incoming phone calls, you are the victim here. And do NOT talk to them on the phone, only communicate via email, there is no reason to subject yourself to harassment, and the more you talk to them, the more they will call. Also make sure you give a copy of the wage assignment revocation to your employer.

If you have any further questions feel free to ask. Please keep us posted.

Shazzers....you have been SO much help! THANK YOU!! My husband is paid through disability benefits through his employer. Do I need to send them a wage assignment revocation? Will the legal ones tell me what I need to pay and how long or do I negotiate with them also? I have read my loan documents from the illegal ones and it says that even if I revoke ACH, it does not stop them from issuing a paper check. Is this true? What should I tell the bank where I closed my account to make sure it is not allowed? I will be sure to file the complaints. Thanks again so much for the help & I WILL keep you posted!! I'm so ready to have our FULL check back!

One more thing, I went on the BBB website & the address for Payday Max doesn't seem legit. How should I send them the ACH revocation letter?

You can put a hard debit block on your bank account. Thus, none of the pdl companies can take out money from your account.

I called my bank this morning and was told if something tries to come through, it will be returned "account closed".
I also called Speedy Cash & Cashnet USA. Speedy Cash said I have to wait until the payment is returned before I can set up payment arrangements and Cashnet USA said they can't accept mailed payments. They said it has to come from an account. I told them I no longer had one and they still said the same thing so I have to get a prepaid debit card to make payments.

Quote:

Oh wait, I will post it for you again:
[URL=http://www.debtconsolidationcare.com/paydayloan/illegal-pdl-dealings.html]CLICK HERE[/URL] to find out how to deal with illegal lenders.

Thank you shazzers. I did email both today and now I'm faxing just to be sure. But I will go to the bank tomorrow instead of calling just to make sure everything is taken care of. I did read your post & you are very helpful!! I don't know what I would have done without your help!!

You are very welcome. Please keep us posted!

Well, I sent emails to both Ameriloan & PayDayMax. My email to PayDayMax came back undeliverable. They sent me an email letting me know that my payment came back returned do I replied back to that email & it came back undeliverable also, so I don't know where to go from here. Ameriloan has yet to respond, so I am filing complaints like you instructed me to do. I guess I will do the same with PayDayMax also.

I will keep you posted

What email address did you use? I can try to locate some different email addresses for you to try.

Payday Max aka creditprotectiondepot, so try customerservice @ creditprotectiondepot . com

Ameriloan aka CLK Management/AMG Services

First email was to support @ paydaymax.com. Received a failure notice email a few days later from "mailer-daemon" unreachable too long.

Received an email today from cpdcustomerservice @ creditprotectiondepot.com telling me my payment was returned so I replied with original email I tried to send on 12-21-10 revoking ach & requesting refund & immediately received this email from postmaster @ terenine.com:
Delivery has failed to these recipients or distribution lists:
[FONT=Tahoma][SIZE=2][COLOR=#000000]cpdcustomerservice @ creditprotectiondepot.com
The recipient's e-mail address was not found in the recipient's e-mail system. Microsoft Exchange will not try to redeliver this message for you. Please check the e-mail address and try resending this message, or provide the following diagnostic text to your system administrator.
[/COLOR][/SIZE][/FONT]

Try:
support @ creditprotectiondepot . com

Done. I will let you know what happens

Hope it works!

Received the same as above from undeliverable from postmaster[at]Terenine.com.

Can you still log into their website? You might want to send the letter to them on their website if possible, but make sure you take a screen shot if you do.

Or fax the letter, when you do make sure you don't fax it from your place of employment, I obtained their fax number from their website.
Fax Number:
1-877-729-9682

I did fax them already. I faxed them when I sent the first email. I haven't heard anything from Ameriloan yet. Not even an email letting me know my payment was returned. I will try logging onto paydaymax's site and see if I can email them from there. Thanks again

Could be because of the holidays, I am willing to bet you will hear from them!

Sorry it takes me so long to get back to you. I do not get emails notifying me you post, even though I'm subsrcibed to the thread and have it set under settings.
Still nothing from Ameriloan. I filed the complaints on 12-29 and I received something from the BBB on January 7 about PayDayMax and havent heard anything from them yet either. Will keep you posted.

Thanks for coming back to keep us updated, keep hanging in there!

I received a response from Ameriloan through my BBB complaint. This is what I wrote in the complaint followed by their response.

Just to clarify: I put the wrong year in my complaint (what an IDIOT!!) It was actually 2010. So I guess I need to fix my mistakes but they aren't even really saying anything?? Like if it's considered PIF or not. Before I filed complaints, they were saying I still owed $260. I haven't heard anything from them since I filed a complaint but I don't just want to leave it alone. Should I still be entitled to a refund, regardless if I receive it or not.

I recieved a loan in the amount of $300 in May 2009. On June 23, 2009, 2 seperate ACH were debited from my checking account by Ameriloan in the amounts of $90 & $30. In July & August of 2009, $90 was auto debited from my account. I missed the payment in September. On October 23rd, 3 seperate amounts were debited from my account in the amounts of $50, $90, & $90. In November $50 & $75 were debited from my account. That brings the total paid to $655 for a loan for $300. In December of 2009 I found out that Ameriloan is not licensed in the state of Louisiana, therefore they are not entitled to charge interest or other fees. I would like a refund in the amount of $355 for over-payment.

Their Response

To Whom It May Concern:
We recognize this complaint as a response to a template of a form letter circulating the Internet. This form letter is full of mis-leading and inaccurate information. Unless this customer has a specific complaint regarding the handling of their account, we do not believe a response is warranted. Thank you for your consideration in this matter.

that is their form letter response to the BBB kinda hypocritical don't you think?respond with you don't accept that form letter response from ameriloan,and your contention that they are illegal still stands.

How is that a form letter? You are specifically mentioning different paid amounts and different dates. Tell them to shove it.

I would reply to the BBB the response received from Ameriloan is unacceptable, reiterate the fact you are seeking a refund.

Got an email from the BBB today and Ameriloan replied with the exact same response as before. So now the case is closed.
The BBB has also sent me a notice stating PayDayMax has not responded but they continue to send me emails stating payment is pass due and adding more interest. They say in their emails that they can not respond to emails, and there is a phone number to call. Should I call them?