Need help determining if these PDL's are legal?
Date: Tue, 10/23/2012 - 09:56
I can't believe that I have found myself in this pay day loan hell. It has gotten out of control and I need to get control of my finances again. I've been reviewing this forum for a couple of weeks and have read many useful posts. I need someone to help me confirm which PDL companies are legal and which ones are illegal. I live in California.
1. CashNet USA - I believe their legal and I will have to make arrangements to pay them back
2. Check N Go - I believe their legal and I will have to make arrangements to pay them back.
Any advice on how to negotiate with CashNet USA and CheckNGo to get favorable payment arrangements?
I think that these lenders may be illegal?
1. Discount Advances - borrowed $900, have paid back $580
2. Eastside Lenders - borrowed $500, have paid back $300
3. United Cash Loans - borrowed $650, have paid back $585
4. One Click Cash - borrowed $400, have paid back $120
5. 247GreenStreet - they advanced me 2 loans which were due on the same day - loan 1 $500, paid back $299.95 and loan 2 $445, paid back $0
I already sent letters to revoke my ACH authorization to the five lenders that I thought were illegal and froze my checking account to accept no more debits. So far, I've received no response to my letters. I've been locked out of a couple of the websites, though.
What are my next steps?
Please help... thanks.
Please register to the site... all are illegal except the top 3.
Please register to the site... all are illegal except the top 3.
Your next step is to just wait and watch. Let them contact you.
Your next step is to just wait and watch. Let them contact you. Some might not even do that and hand your account over to one of those bottomfeeding collection agencies (you have nothing to worry about here). In the meantime, file complaints with the AG and the FTC.
Thanks!
I registered for the site after I submitted the question. Thanks for the feedback. I'll let everyone know once I start hearing from the PDL's.
Settlement with Check N Go
I've been in communication with Check N Go via email requested an EPP. I received a settlement offer yesterday. The balance owed was $3,078.96.
The options for settlement were:
- $1,539.48 pay on Oct 31, 2012
- $2,001.32 - four monthly payments of $500.33
or 9 monthly payments of $342.11 to pay in full.
I wrote back to request the first settlement ($1,539.48), but broken into two payments (1 on 10/31/12 and 1 on 11/29/2012). They said that they would accept my offer, but needed my prepaid debit card information. Once I get the agreement in writing I will load the funds for my 1st payment on my prepaid debit card.
Still haven't heard from any of the illegal lenders. I've been getting many calls at home and a few at work, but I haven't been answering them. No one has left a message either.
Received Settlement in Full Notice from Check N GO
One legal installment loan down, one to go. I made the final settlement payment to Check N Go today and received a settlement in full notice for my records. Still need to work out something with CashNetUSA. The first repayment offer that they made to me was worse than the original loan payments. They didn't offer me a EPP. Now that Check N Go is settled I'm going to contact CashNetUSA's corporate office to see if I can get a favorable repayment plan. Still no word from any of the illegal lenders yet. I'm going through my old bank statements to determine which illegal lenders have been overpaid, so I can send one final email to request a refund or PIF notice.
Does anyone know the phone number to CashNetUSA's corporate office?
Great news on Check n Go -- Keep up the great work: I found t
Great news on Check n Go -- Keep up the great work:
I found this contact info on CashNetUSA's website - not sure if any of them are the number you need? Hope it helps!
Phone Numbers :
Customer Service888.801.9075
Customer Service Fax866.413.3888
Loan Processing Fax866.326.5265
Collections888.801.9078
Collections (for installment loans)866.653.2116
Collections fax866.350.0110
Email :
Customer Service:support@cashnetusa.com
Collections Dept:collections@cashnetusa.com
Address:
CashNetUSA
200 West Jackson, Suite 1400
Chicago, IL 60606-6941
discount advance
have you heard anything from them? I have one with them too. I cannot seem to find the "email us" link on there website, so guess i'm just going to wait till they try to hit me again this week for more $$ and my account is closed.
Not sure what else to do.
Discount advance is an illegal lender so do not worry much about
Discount advance is an illegal lender so do not worry much about them.
Good News! Rec'd PIF Notices
I logged into two of the illegal PDL sites (OneClickCash and United Cash Loans) today and see that both are listed as Paid in Full, as of October 19, 2012.
I had overpaid both of these PDL companies because I had multiple loans with them, but I'm ok with just getting the PIF notice. I made a copy of the screens that show the loan number and paid in full info to save for my files.
3 more to go... Discount Advances, Eastside Lenders & 247 Greenstreet.