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Payday loan nightmare

Date: Tue, 02/07/2012 - 14:17

Submitted by Kacey_jade
on Tue, 02/07/2012 - 14:17

Posts: 29 Credits: [Donate]

Total Replies: 7


I am in a payday loan nightmare. Someone told me Internet payday loans are legal in la. I am closing my checking acct tomorrow. I know that is the first step, but I want to make sure they can't legally do anything to me. I am more than willing to pay what I owe, but I have paid I've 2000 dollars to some that I only borrowed 500 from. Am I just up a creek without a paddle or is there something I can do. :confused:


pdl's are legal,but an internet lender must be licensed to lend.i can tell you from your other post that you overpaid eastside as they are not legal in LA.now i need the following.

1)names of your other lenders
2)amount borrowed from each
3)amount debited by each in fees thus far

yes you need to close your account as chances are you have illegal lenders.please provide the info requested and we can help further.


lrhall41

Submitted by paulmergel on Tue, 02/07/2012 - 15:30

( Posts: 15514 | Credits: )


Loanshop. Borrowed 500 have paid 1189 in finance fees because I can't afford to pay on principle
One click cash--500 paid 1235 that I can see. Change checking accts so I know it's more
My cash now borrowed 500 paid 929
American borrowed 300 paid 270 in interest because I don't have money to pay in full and that's the only way they will take payment
Vince enterprise borrowed 250 have paid 475
East side borrowed 600 after paying off and renewing again I have paid 360 in interest
Fast e fund borrowed 600 paid 540 in interest
Payment direct borrowed 200 paid 445 in interest
123wages borrowed 200 paid 158 interest


lrhall41

Submitted by Kacey_jade on Tue, 02/07/2012 - 19:24

( Posts: 29 | Credits: )


here is what you and who you owe.

eastside 120.00(take the overpayment on the previous loan and apply it here)
fast e 60.00
123 42.00
american 30.00

everybody else you waaaaaay overpaid.get to the sticky ohiogal created at the top of this very forum and follow it.do not skip steps as closing your current account is the first and most important step.again all are illegal and those are the lenders and amounts you really owe.stop the cycle and get these leeches out of your life.


lrhall41

Submitted by paulmergel on Wed, 02/08/2012 - 05:57

( Posts: 15514 | Credits: )


I myself am in a bind. I got a loan of 100.00 from another payday company. But somehow my information was leaked out and power funding deposited as well without my knowledge. Know 4 years later I have them trying to collect money I never even signed up for. So I thinking about setting up a class action suit against them. Seeing I'm not the only one. Plus there is no direct number to contact them. Sounds like a scam to me. So do you think I hapeople behind me??? :D


lrhall41

Submitted by concerned citizen on Wed, 02/08/2012 - 11:58

( Posts: 3 | Credits: )


Ok so I closed my checking acct and am sending out emails today. I called my hr person and told her the situation and told her I am sending a letter revoking wage garnishment and she told me legally they can't block them cause they will be found at fault. What do I do now???


lrhall41

Submitted by Kacey_jade on Tue, 02/14/2012 - 08:32

( Posts: 29 | Credits: )


if you submit a wage assignment revocation letter,and this person honors it they open up the company to a lawsuit by you.unless it's court ordered they have to reject any wage assignments.if you have to go over their heads do it.


lrhall41

Submitted by paulmergel on Tue, 02/14/2012 - 09:09

( Posts: 15514 | Credits: )


Ok And I sent out emails to everyone except 123wages and payment direct because I can't find any address for them. How can I get my emails to them


lrhall41

Submitted by Kacey_jade on Tue, 02/14/2012 - 09:46

( Posts: 29 | Credits: )