Need Help with Payday Loans
Date: Wed, 01/16/2013 - 09:01
But, I am also strongly
But, I am also strongly recommending closing your bank account and open another - just let you bank know that you are revoking ACH authorizations, due to your account being compromised. It really is the only way to make sure they stay out of your money in my opinion. They are illegal - no way of making them follow the rules and laws.
My emails
When I say attempt, that isn't accurate and I should have made that clearer. LOL. I did email them. By attempt, I meant at the closest email I could find. I haven't gotten a response from any of them, however, when I log into the Magnum Cash Advance website, it doesn't show that I owe anymore, it shows this:
Your Status:
Your loan is currently being processed by our staff. We will post updates as they become available.I have to ask, you sent out
I have to ask, you sent out the email revoking ACH authorizations - before you made sure your bank account was secure? It may be a slow process - when did you send out the emails to all 5 since you just posted your question today? You don't owe any of the 5 any remaining balance if they are in fact illegal to lend in OK - have you checked to see? or did you just send out the email to revoke your ACH authorization before checking?
2 of them.
I have heard the name Magnum and Hydra thrown around here as I looked through the forums for answers. I don't have nay of these companies but try searching for the names. I am sure someone has dealt with them. Also their experience with them might differ from yours. What you have going for you is that they are all illegal and that you have overpaid on all of them. I know I will never get a refund from my lenders so I opted for asking for a Paid In Full email and I won't request a refund from them. If they start to be a pain, I will then alter my letter and say that since they didn't agree to the terms I am requesting a refund.
I agree you can check the
I agree you can check the link above to see if they are licensed to lend in OK, If not they did the loans illegally and you are only obligated to pay back principal minus what you have already paid - so in your case it looks like all actually owe you a refund - you can tell them in your notice that you are revoking ACH authorization that in exchange for a PIF you are willing to over look the refund that they owe you.- If they are not legal licensed lenders, follow this link on how to deal with unlicensed lenders in your state. http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html - it is a step by step guide that will help you greatly.
I have not dealt with
I have not dealt with personally, but if you type them in at the top under the custom search you may find other post that relate to them, the search is right above videos.When you say attempted to email, what happened?