I am attempting to settle with bank of america. they are telling me they will not negotiate a lump sum payment if my account is current-which it is-for now. they also told me they will not negotiate if the card has been used in the last year-which it has. I was late with one payment, they jacked up my interest rate to 26.99%-I'm paying the minimum every month but my balance increases every month. The people I have spoken with are unwilling to discuss settlement at all. HELP!! I could really use some advice.

I just wanted to say thanks for all those that answered my questions and pointed me in the right direction. I went to court this morning and they dismissed the case based on the SOL. I did not really have to do anything other than be present and bring up the SOL. I hope more will fight and win against these creditors/predators. I was the only one that showed up out of 6 cases vs Midland credit this AM. I believe many of these were probably in the same boat as me and if they just did a little research and showed up the could beat it. Thanks again.

Hi, I took out a loan with Payday Quick Cash. They called me and verified some info and said they would call to complete process. They called and left message stating I was approved and that I need to call and confirm deposit. I was unable to call back but when I woke the next morning they had sent $400 to my account. I called and spoke with someone she confirmed it was them and said that I would receive my documents via email. (I never did by the way) When due date rolled around I had problems with my account being debited by an unauthorized user.

Where do I find these laws? Is there a list of legal lenders? I now have five that I currently trying to pay off, they have rolled over a bunch of times already, I can't even keep track.

Hello, I've sent numerous emails the last two weeks to Seaside Payday with the letter stating that they're illegal, and I am only to pay the principal amount. I live in Ohio. Not that this matters, because it's an illegal payday lender to begin with. I stated I will not answer phone calls, and that I want everything in writing. I have yet to receive a response via email. They continue to call my work; which I expected. But now they are randomly dialing extensions to my co-workers looking for me. Do I just keep ignoring them?

Hello, I've been trying to read on the site to find out what I can do to get out of the PDL cycle. I got into the trap and used one to make sure I could pay the other. Now, I'm up to over 10 and my paycheck is gone the same day I get it. I am afraid of litigation if I close my checking account. Please help. I read a thread concering closing the bank account and sending an email to each of the lenders, asking them to prove they are licensed in Indiana. Am I correct that this is the first step?

please delete

Hi lladd81 Please take a look at the snapshot of your forum payment. Have a nice time :smile: Thanks, Vikas

Hello, I live in michigan and I have two pay day loans out from Advance America, which is a liscened store front buisness. Each of those loans are either 500 or 600 dollars. It comes close to 1300-1400 with the fees for a combined total of the loans. I have been stuck in the cycle for a long time, never having the extra income to pay the off, making less than 700 dollars a month total. For a short while my Social security was at a higher amount, so that I show my loans are high, but then my social security payment dropped, and now I am not able to pay them.

Here is their answer: [SIZE=3]This letter is written on behalf of Plain Green LLC (“Plain Green”), to whom you directed correspondence dated November 2 2011, regarding its business practices. Plain Green is happy to clarify its status as an “Arm of the Tribe” that is not subject to State regulatory jurisdiction.[/SIZE] [SIZE=3]Plain Green is organized under the laws of the Chippewa-Cree Tribe of the Rocky Boy’s Indian Reservation of Montana (“Chippewa-Cree”).