Related to "Pay Day Loan Question"

Payday lending is legal in Ohio. So you need to pay the principal+fees+charges to the lender. However, if your payday lender is not licensed to operate, then you won't be liable for paying fees+charges. Pay the principal balance and get rid of your debts! After closing down your bank account, don't open the account with the same bank. You can open an account with some other bank.

All payday lending is legal is the state of Ohio? I've actually loked up a few PDL's ( that I was having trouble with) and just a few are not legal in Ohio..mmm. Good advice....Look the PDL company up on the web and see, for yourself, if it's illegal in the state of Ohio. Close your bank account, if you have to, and open up another one.

Do NOT send the letters until you close your account. They will rush to withdraw what they can. You are right in revoking the wage assignment. You might also include the blurb above about payday lenders having to be licensed.

When I was in payday loan hell, I had direct deposits coming through. I opened a new account, and when they came through they were transferred to the new account. My account was closed to ANY ACH transactions. I stayed with the same bank. Good luck and keep us posted.

Payday loans are legal in Ohio IF the lender is licensed in Ohio AND they abide by Ohio Laws. Interent lending is NOT legal in the state of Ohio unless the lender also has a physical presence in the state of Ohio and hold's a valid license.

Ok - thank you all. But just so I'm clear and I'm sorry if I seem to be asking the same questions. But if I look up these lenders on the Ohio website and they AREN'T on there, that means they aren't licensed in Ohio and therefore it's illegal for them to lend in Ohio, correct? I think I'm afraid of screwing things up even more. Again, thanks so much. You have no idea how grateful I am to be able to ask these questions without feeling judged.

I will keep you all posted.

WOW!! I actually learned something new!! :) A friend of mine lives in Ohio. She is having some major trouble with a PDL...who does NOT reside in the state of Ohio. I'll let her know this information......thanks all!!!!!!!!!!!!!!!!!

What are the names of the lenders, gpp? Chargers, what's the name of the lender your friend is dealing with? AND, is it a PDL or a CSO or installment loan? There's a difference there.

The loans are from Sure advance, American web loan, cashjar and cashdirectexpress.

Can someone verify if any of these internet payday lenders are legal in OH? From my research I don't think so, but I'm going to the bank Thursday to close out my account, and I want to make sure I'm not wrong. Thanks.

None of those lenders are licensed in Ohio.

Hi. I've closed my checking account and opened another one at my bank. I also called my HR (who felt it wasn't necessary to note that I wanted to revoke any wage assignments because they only accept court order ones). I then emailed all of the illegal lenders. So far, only Sure Advance, Cashjar and Cash direct express have responded. Right now Cashjar is offering a $195 settlement(after I asked for an address or quick collect info to send the remainder of my $200 loan) and if not they will send to collections on 6/12. I have asked again for an address. Both Cash direct express and Sure Advance are ignoring the fact that I don't need to pay the interest, but Sure Advance did give me an address.

I'm wondering about the next step. Should I tell Sure Advance that I will be paying x amount of dollars on x particular date in an email? How do I send it? I don't want to use my current checking info. For Cash direct express,do I send another email saying I need their physical address within 48 hours or I will contact the AG, etc....? Same with Cashjar? I've already decided to just email the AG, etc..., regarding American Web Loan, indicating I have asked for an address and have received no response.
Thanks in advance for all of the wonderful advice!

ask yourself if 195.00 is what you owe cashjar.if you owe less then tell them no deal.as for the others yes file AG complaints.they are illegal and soon will start with the threats,or sell it to a bottomfeeder.file the complaints now.okay i just saw the original loan amount.tell cashjar to stuff it.unless they only debited 5.00 you don't owe 195.00,and send nothing until they acknowledge what you truly owe.

Just to be clear, can you tell us how much was deposited by each of these lenders and how much they debited from your account before you closed it?

Sure Advance was $400, paid $212, American Web Loan was $600, paid $360, Cashjar was $500, paid $300, and Cash Direct Express $500, paid $265.

Cash Direct Express- $500, paid $265, Cashjar $500, paid $300, American Web Loan $600, paid $360, Sure Advance -$400, paid $212.

Thanks.

Sorry, posted twice in error.
American Web Loan called me at work today!! The guy said he tried to call me on my cell and I told him my cell records everything, and he hadnt called. So I re-emailed them. This time they replied with me to call them tonight. I told them I would only correspond via email! Not sure what to do or say. I owe $240, but want to pay in payments I can handle, not via ACH debits.

do not speak to them on the phone,or give these illegals new bank info.they lent illegaly,and should have an address to send money orders.sorry but that's their tough sh*t if they want to act like the illegal lender they are.no new bank info,and no phone calls.stick to that.if the moron calls at work again hang up in his face.you have good stances.stick to them.

Well, AWL (Jay Snelson) replied to my email by stating that they can't discuss the details of my loan via email due to security procedures! Also, they claim they dont have a physical address to send payments to. So, should I file a complaint with the BBB? If I do, do I tell them that I have filed?

i call BS as they only want to threaten,and yell at you.respond to that email this way.

i will call you,but on the condition i record it for my records.


see how that goes.again total BS as they just want to threaten you.respond like above and see their response.btw if you file BBB complaints file AG complaints as well.if you have already file a follow up,but don't just file BBB complaints.in fact i would see how they respond to your condition of you recording as well.wait on that before proceeding.

Ok, I called American Web Loan today. What a headache. Andy Watkins (866-605-6435), was unpleasant, but probably not as rude as he would have been had I not told him that I was recording the call too. Refused to listen to me, kept saying that the loan was valid in their state, didn't matter they were illegal in OH. Also, said they had no physical address or quick collect info. I need to get one of those debit cards and load them. He kept telling me I owed $780, (my loan was $600 and I've already paid $360) and if I didn't, he was going to have send this to their law firm. He refused to acknowledge I only need to pay back the principle. So I'm following up with the AG (I already filed BBB and FTC complaints). And I guess I need to get ready for the harassment.
Thanks.

if you really did record that then first play it for your AG.then ignore this idiot.btw you are only harrassed when you allow them to harrass you.do not engage him any further.you only owe 240.00 and nothing more.if they refuse not only to acknowledge that,but to still claim you state laws don't apply is laughable.