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payday loans

Date: Thu, 04/04/2013 - 16:12

Submitted by anonymous
on Thu, 04/04/2013 - 16:12

Posts: 202330 Credits: [Donate]

Total Replies: 8


I live in rhode island, I have myfast payday 400, renewal 377. They tell me I owe 700, refused 63 of what I owe. Mypayday 500 and renewal 450 refused 50, says I owe 650. Sure advance hasnt answered me for my refund of 236, I took a loan 400 renewal 636 for sure advance.cash cure ,600 renewal 1344.refinance 200 paid 308, I wrote to them that I want my refund 811, they wrote back and said we will review your state laws and we will write back to you in 3-5 days, its been 2 weeks and now alliance asset mangement called all last week, but nothing this week. Hydra fund II 250 loan Renewal 450, there isnt no way to get in touch with these people.cutter group deposit money without my authorizion 300 called got tranfered so many times, withdrawal 90 total of 570. I just dont know what should I do from here? Can you please help. Thank you.


I cannot verify the legality of the first 2 PDLs you mentioned. Could you help us out with links to their webpage? As for Sure Advance and Hydra Fund, they are both illegal lenders. To state it simply, your bank account has been compromised and has turned into a feeding ground for these parasites. Your best bet is to have a talk with your bank, revoke ACH in writing with the lenders and foreclose your current account and open a new one.
Refunds are more or less unlikely, especially given the fact that these lenders either have tribal affiliations or are located offshore.


lrhall41

Submitted by Steve Barris on Thu, 04/04/2013 - 21:30

( Posts: 1043 | Credits: )


are:
Rhode Island Payday Loan Laws
State Legal Status
Lending of payday loan is considered legal in the State of Rhode Island. It is applicable for checkers only.

Loan Specifications
Maximun Amount of Loan - $500
Term of Loan - Minimum 13 days
Maximum Rate of Finance and Fees- 15%
Finance Charge on $100 loan for a 14 day period - $15
APR for $100 loan for a 14 day period - 390%

Debt Limits
Maximum Number of outstanding loans permitted at a time - 3 loans of $500
Permissible number of Rollovers - 1 (rollover)

Limits of Collection
Collection Fees - Not Specified
Criminal Action - Not Specified

File your Complaint and get Information
Regulator - Rhode Island Department of Business Regulation
Address - Division of Banking, 233 Richmond Street, Suite 231 Providence RI 02903
Phone - (401) 222-2405


lrhall41

Submitted by HelpinAZ on Fri, 04/05/2013 - 14:38

( Posts: 1870 | Credits: )


Both are illegal - unlicensed tribal lenders - found info at the bottom of both websites..

MyPaydayAdvance.com is a tribal lending entity wholly owned by Guidiville Indian Rancheria,

YourFastPayday.com is a tribal lending entity wholly owned by Guidiville Indian Rancheria


lrhall41

Submitted by HelpinAZ on Fri, 04/05/2013 - 14:36

( Posts: 1870 | Credits: )


first one looks like a loan broker and the second one came up with nothing.. May need to look at bank statement to see who is actually taking money out..


lrhall41

Submitted by HelpinAZ on Fri, 04/05/2013 - 07:34

( Posts: 1870 | Credits: )


Its me again. They told me it doesn't apply to online loans that I have to go by their state laws, they said that I refused to reach a settlement agreement for both loans, so they are going to take action, for a collection agency. What do I do now? I'm feeling hopless. Please help.


lrhall41

Submitted by anonymous on Wed, 04/10/2013 - 18:14

( Posts: 202330 | Credits: )