paydayloans ohio

how much do you owe and how much you paid so far, are they internet or storefront , mention your state name .

check your state laws at http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html . state

ohio all internet Paydayone owe 1228.00 have paid and refiananced over the past 2 years so have paid an ungodly amount....Thinkcash owe 858.00 and have paid aboout 500.00....Elastic owe 180.00 and have paid about 200.00....M1Y owe 390.00 and have paid 180.00...Integrity owe 250.00 and have paid 60.00

I too live in Ohio. I had 8 internet loans. Elastic was one of them. Yes, they are legal in Ohio but are willing to work with you. Integrity goes by a lot of different names integrity advance, Integrity Payday, etc. What is the full name of Integrity? The rest you mentioned are illegal.

Integrity advance....My elastic is almost payed off and they are no longer doing loans....but how do I deal with the rest?....should I close my bank account?....then what?

The first and most importantly thing to do is close your bank account so they cannot withdraw any more money. After you have closed your bank account, you need to send each one of them a letter. Please click on DIY at the top and see sample letters. Paydayone, you probably have more than overpaid them. Try to figure out what your original loan was and how much you have paid them back. Demand a paid in full letter and a refund. What was your original loan with Thinkcash and M1Y and Integrity? Keep in mind since they are illegal in the State of Ohio, you morally only owe them the principal balance (no interest or fees). File a complaint for each illegal lender with the Ohio Attorney General's Office. It is easy to do and you can file it online through the Ohio Attorney's website.

So all four are illegal in the state of Ohio?...My thinkcash loan was 1000 and I have paid back about 408.00 ...M1Y was 300 and have paid back 540...Integrity is new 250 havent made a payment yet...

Lizzie, this is incorrect information!

Daring, PayDayOne, Elastic and Think Cash are all legal in the state of Ohio. PayDayOne will offer you and extended payment plan. You need only to call them and tell them and ask. Generally, they will divide your balance due into 5 equal payments. No further interest will be charged to you.

Elastic and Think Cash are installment loans. If you call them, they MAY work out some more affordable payment arrangements for you.

The other 2 are illegal in Ohio. You need to follow the advice in this thread. It is imperative that you secure your account before you send the illegal lender letters.

That was close I was ready to go close my account based on the info earlier that they were illegal..figures the paydayone is my biggest problem....I had looked at their licsense earlier and it was dated back in 2009 so wasnt sure....k thanks

You still need to close the account because of the 2 that are illegal. Open a new account, call PDO and set up a payment arrangement with them. They will allow you pay off your current balance in 5 equal payments with no further interest charged. Get a prepaid credit card to pay them off. Use money orders to pay the illegal lenders. Do NOT give ANYONE your new account info under any circumstances. Keep in mind that you only have to repay the illegal lenders the principal amount. If you've already paid anything, you should subtract that from the amount you borrowed. I'm not sure what you owe because you have different amounts in 2 different posts above.

Ohiogal: are you sure about ThinkCash being licensed in Ohio? I knew Elastic was because I had a loan with them.

Think Cash is First Bank of Delaware. It's an installment loan through a bank, not a PDL.

Daring, are you still relying on short term loans to make ends meet? I am worried that you are in the debt cycle. It is important that you break that cycle.

Don, you couldn't be more right. The most important piece of this puzzle is to NEVER take out a new loan. You pay these things off a little at a time and once you're free, you're truly free! I'm still paying on 2 of my legal loans but in just a few short months I will actually have my entire paycheck every payday. It seems like forever since that's happened.

Im definetly in a debt cycle....seems like forever....hopefully I can break it...Thanks for all the advice..

Thanks for clarifying ThinkCash Ohiogal.