Dire Need of Help in SC
Date: Mon, 12/17/2012 - 15:42
I have the following lenders and need to know if they're legal in South Carolina and ideas how to pay these fees.
Obtained via Internet:
Quick Cash At Hand $500
I've paid a total of $306.92
US Fast Cash $500
I've paid a total of $300
Great Plains Lending. $600
I've paid a total of 364.26
Spektrum 500. $500 loan
I've paid a total of $318
Mobiloans $750
I've paid a total of $395.50
Cash Web USA $500
I've paid a total of $450
Ameriloan $300
I've paid a total of $180
Mass Street Group $300
I've paid a total of $180
HydraFund (I didn't authorize them) they deposited 300 and the next day withdrew $90my account into default status.
L1H they deposited 27cents I didn't authorize. They withdrew $39 out of my account.
I've called the two I didn't authorize and they've given me no answer. They said they own hundreds of companies and don't know which one I used. All of the internet lenders I used I recorded. I'm so frustrated with myself for being in this situation. I truly need guidance. I will pay what I borrowed but these fees are KILLING me. In paying them, I literally can't buy food and gas. I've got to choose...
I also have a store loan from Check-n-Go for $1,400. Since they're a store front, I assume they're legal and have been paying them back. Thanks for any help you can give. I'm at my wits end.
I did some research for you this morning..
Quick Cash At Hand $500
I've paid a total of $306.92 - not finding this name are you sure on name of company?
US Fast Cash $500
I've paid a total of $300 - Illegal Tribal Lender - You owe principal only
Great Plains Lending. $600
I've paid a total of 364.26 - Illegal Tribal Lender - You owe principal only
Spektrum 500. $500 loan
I've paid a total of $318 - not finding this name are you sure on name of company?
Mobiloans $750
I've paid a total of $395.50 - - Illegal Tribal Lender - You owe principal only
Cash Web USA $500
I've paid a total of $450 - Offshore - Costa Rico - Illegal - owe principal only
Ameriloan $300
I've paid a total of $180 - - Illegal Tribal Lender - You owe principal only
Mass Street Group $300
I've paid a total of $180 - Not sure on this one.. couldn't find their website.
HydraFund (I didn't authorize them) they deposited 300 and the next day withdrew $90my account into default status. - Loan match website, did you enter information to look for a loan? Did hydrafund show up on the bank statement? Check there and see?
L1H they deposited 27c I didn't authorize. They withdrew $39 out of my account.- I would report to bank as fraud immediately and get them reversed. Your account was compromised this will make it easier to get it locked down and then open a new one not linked in any way to the other...
Dire Need of Help in SC
Most of your lenders are illegal. You owe principal only. No need to pay them any interest or fees. Close down your old bank account and open a new one.
Legal ones
Call them and see if you can work out an EPP, extended payment plan, sometimes you have to default on them and let them go to collection to get this done. Call them first and see. Also, revoke their ACH authorizations as well.. Make sure your bank account is secure first...
I'm not sure about Quick Cash
I'm not sure about Quick Cash and Cash Web USA. Check-n-Go is legal company. However, the rest of the companies are illegal in your state. Pay back the principal amount only. Period. Revoke ACH authorization also.
In this link by OhioGal -
In this link by OhioGal - http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html
Who do you bank with? You may need to at least put that on deposit only.. I am sure it is already in that status.. and open an account somewhere else if can.. not sure what else you can do on that old account...
Thank you HelpinAZ
Thank you HelpinAZ and everyone else for your responses.
I double checked those names. That's what's showing on my bank statement. As of this morning, my account is overdrawn over $2k! The bank won't close the account while it's in default. They don't seem to believe that the HydraFund and L1H is fraud because they said I used the money. I explain I didn't use it, it was debited out by them the soon after they deposited it. I don't know what to do with this situation.
Where would I find a sample letter to stop the ACH and notify them of only paying back the principal for these illegal lenders?