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i have 4 pay day loans help!

Date: Tue, 03/20/2012 - 16:48

Submitted by Lunadakota88
on Tue, 03/20/2012 - 16:48

Posts: 7 Credits: [Donate]

Total Replies: 4


I took out 4 payday loans last year and I live in NH. Just wondering if anyone can help me out. I think I have over paid on all of them. I had to stop my direct deposit on my bank and just left the account open with no money going into it. I'm so scared that I will get in trouble. Here are the loans i have:

american web loan for 500 on 10-5-11 started paying on 10-26-11 bi weekly payments of 150

anazi group for 200 10-13-11 started paying back on 10-26-2011 bi weekly of payments of 60

united credit line for 300 on 11-21-2011 started paying back bi weekly payemts of 121.90 and then on 1-6-12
i took and additional 700 out and they added it to the 300 i already took and then started taking bi weekly payments of 402.79
which i paid twice and then also paid an additional 800 towards it to get the payments down

cash web usa for 300 on 11-29-11 starting paying back on 12-21-2011 for bi weekly payments of 96.00

I have made these bi weekly payments on time everytime until mid feb 2012 and then I had to stop my direct deposit b/c I
just couldn't handle the payments any longer. I never closed the account out bc it was in a negative status and they
still try to take the money out every week. What do I do ?


American Web Loan is illegal in most of the state of US. To make sure about the other pdl companies, you will have to contact with New Hampshire State Banking Department. If they are not licensed in your state, then you are required to pay them only the principal amount. Ask them for the refund, if you have overpaid them. No need to pay any interest or charges.Look at this page to know how to deal with illegal lenders:http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html


lrhall41

Submitted by Tyler on Tue, 03/20/2012 - 21:43

( Posts: 269 | Credits: )


American Web Loans is licensed to operate in less than a handful of states and I think they are not licensed to operate in NH. Anasazi Group is an outright illegal PDL. Check in with the state department of financial institutions and see if Cash Web and United Credit Line is licensed to operate in your state.

As far as United Credit Line is concerned, they have broken state law by refinancing/rolling over the loan. This gives me the impression that they are illegally operating in the state of NH.


lrhall41

Submitted by StevenDoyle on Wed, 03/21/2012 - 01:53

( Posts: 199 | Credits: )


question for steven and spaceblank first.since americanwebloan is tribal how can it be legal in any state?now unless united cash line is storefront all others are illegal that one is legal in NH.go to the link in soaplady's signature.that has all the info you need in how to handle these places.now if all are internet then they are illegal.


lrhall41

Submitted by paulmergel on Wed, 03/21/2012 - 05:38

( Posts: 15514 | Credits: )