Are they hard to dealing with
Date: Mon, 04/10/2006 - 15:20
What state are you in? I ask because several states have banned
What state are you in? I ask because several states have banned the aformentioned places from doing business and if they are banned in your state; your states Attorney General would be highly interested in what you have to say.
What to Expect in Washington State Quote:* Maximum Loan T
What to Expect in Washington State
Quote:
* Maximum Loan Term: 45 days * Maximum Loan Amount: $700 * Maximum Fee: 15% on the first $500 10% above $500 For Example: A loan for $500 + $75 fee = $575 A loan for $700 + $95 fee = $795 Under the Truth in Lending Act, the cost of credit must be disclosed. Among other information, you must receive information outlining the finance charge and the annual percentage rate (apr). The APR informs you of the cost of your loan. For example, a 14-day, $500 payday loan with the maximum fee permitted by statute would have an APR of 391.07%. Click this link and scroll down to: REQUIREMENTS FOR CHECK CASHING AND MAKING SMALL LOANS (PAYDAY LENDING) http://apps.leg.wa.gov/wac/default.aspx?Cite=208-630 This has all the rules and regulations for those places listed. Attorney general - Rob McKenna STATEWIDE TOLL FREE NUMBER 800-551-4636 Consumer Resource Centers: Bellingham - Island, San Juan, Skagit and Whatcom Counties Address: 103 E. Holly Suite 308 Bellingham, WA. 98225 Telephone: 360-738-6185 Fax: 360-738-6190 Kennewick - Southeastern Washington Address: 500 N. Morain St. Suite 1250 Kennewick, WA. 99336-2607 Telephone: 509-734-7140 Fax: (509)734-7290 Seattle - North King, Snohomish, Clallam and Jefferson Counties and Bainbridge Island Address: 900 Fourth Ave. Suite 2000 Seattle, WA. 98164-1012 Telephone: 206-464-6684 Fax: 206-464-6451 Spokane - Eastern Washington Address: 1116 West Riverside Spokane, WA. 99201-1194 Telephone: 509-456-3123 Fax: 509-458-3548 Tacoma - Pierce, Mason, Grays Harbor, Kitsap, and South King County Address: PO Box 2317 Tacoma, WA. 98401-2317 Telephone: 253-593-2904 Fax: 253-593-2449 Vancouver - Clark, Cowlitz ,Pacific, Skamania, Wahkiakum, Lewis, and Thurston Counties Address: 1220 Main St. Suite 549 Vancouver, WA. 98660-2964 Telephone: 360-759-2150 Fax: 360-759-2159 |
Hope you find this information useful.
Quote:Know Your Rights and the Law * You have the right t
Quote:
Know Your Rights and the Law * You have the right to change your mind about the loan within one day. * You have the right to know all of the costs involved. * You have the right to a payment plan. * A payday lender may not threaten criminal prosecution as a method of collecting a past due loan. * Paying off an old loan with a new loan may be illegal. |
cmhumiston, Hi there. I have loans with Advance til Payday,Adva
cmhumiston,
Hi there. I have loans with Advance til Payday,Advance America,Loan Mart,and Checkmasters also. I have turned all of them over to T&C. Even though T&C has said they contacted Advance til Payday they are still calling me and sort of threatening to proceed "legally" if I don't call them and set up payments with them. I am sending an email to T&C tomorrow to ask them to call ATP again. Advance America played sneaky and cashed the check after I had put a hold on the check. Unfortunately my bank's computers were down at the time so they did not see the stop check request when the check was brought in.
I talked with my bank today and while they were not able to reimburse the check that was cashed they were nice enough to take off the nsf/overdraft fees that have accrued and she took off the charge for the stop check even though it covered 4 other checks. I was able to change my direct deposit to a different bank so I don't have to worry about anyone else sneaking a check in. Everyone else seems to be cooperating so far. I really hope it stays that way.
I have dealt with some
Hello cmhumiston,
I have dealt (and also am dealing with) Advance Til Payday and Checkmasters. Advance Til Payday was very weird in their approach at collecting the debt. They will continuously try to deposit the check you write to them because I saw on my supposedly 'closed' bank account, that Advance Til Payday tried to deposit the check about 8 times in the last 4 months and of course I keep getting NSF fees (which now mount to over $800 on a closed account!). Checkmaster's is a little nicer and they have agreed to settle for a payment plan but it's hard to e-mail the person because sometimes the e-mail's come bouncing back saying there is no existing e-mail BUT I get a reply from that person...kinda strange but I have prolonged the payment plan and am working on my last payment with them to pay off everything.
Money Tree has been the friendliest as far as paying back the loan...they haven't really done much but maybe call once every two weeks or so and just leaves a message with a phone number to call.
I hope this helps.
Thanks!
I'm in Washington State too!
Quesik, you did all of these on your own. I was thinking about g
Quesik, you did all of these on your own. I was thinking about going through T&C. Have the places called your work or anything like that or even your references?
I had an advance with Check n Go in Illinois and when I fell beh
I had an advance with Check n Go in Illinois and when I fell behind they were easy to work with. They didn't pressure me or anything. Good Luck!
Hello cmhumiston, Yes, they called my references and well, I
Hello cmhumiston,
Yes, they called my references and well, I actually changed jobs but I did get a call from my old workplace saying there's been constant phone calls from people that would not mention their names (so it must've been the payday loans people). Advance Til Payday calls all the phone numbers that you provided and so it's not such a great place to borrow from. How much are you looking to borrow? I'd say don't borrow from any of these companies but instead get some money for lending from family/friends first but if you have to resort to payday loans, I'd go with Moneytree as they have been the more friendly, and flexible company that I've dealt with. I have not paid them back yet but they don't bother me everyday...I don't think Moneytree even called my references because my friends have mentioned getting calls from these other companies but never was it Moneytree.
Hope this helps.