Has anyone recently dealt with National Credit Adjuster regarding the collection of illegal payday loans. I have received 1 letter of collection from them stating they have bought the debt from Global Group Holdings and the amount I owe is $430.00, although this number is subject to change. I immediately sent a DV letter to them and have not yet received the return receipt. Isn't it illegal under Federal law for the amount owed to be increased by fees and interest when they never was a contract signed by me with the original creditor in the first place? Any info on this would be helpful.

I called redline and asked how much to settle a debt. They gave me an amount and I gave them permission to remove this much from checking. The amount was to be removed Friday the 24 of June. It was not removed according to my account info. I have now learned about how bad redline is. Should I stop payment on the check if possible on Monday and contact redline about how to proceed and protect me.

I really don't know how we got into this trouble and now I have closed my bank account. I can't even find some of these lenders on the internet to send them the ACH revocation letter. speedy cash-500. 247 greenstreet- 650 pd four seasons- 800. ccs loan- 700.00 plain green-800. ameriloan- 300 cloud9-300. cashcure- unk instantcashcredits- unk pdlnow-200. usfastcash-350. little loan shop- 400. shanghai partner-500. sure advance- 400. gov emp credit- 400. bdpdl- 500.

Greetings, I have been reading this forum on payday loans for days now and have accumulated great information from you all. I have two pdls thru Sonicpayday.com/Northway Financial/E-Care. I will provide all information so that I don't waste your time. State: Virginia PDLs are legal but I did not see this company as being licensed in VA. They are strictly an internet loaner. I called a consolidation company yesterday and they offered to help me for 30% of my debt, which is over $1K! I had a pdl that was due to be paid on 6/10/11.

Help... my husband had applied for numerous small payday loans and paying them back is eating us alive!! I have found out by reading these forums that payday loans are illegal in Maryland and that they are NOT allowed to collect any interest from the loan... meaning we are only liable to pay back the amount that was loaned to us.... i searched our statements and between all the loans we have paid the principle PLUS $3000!!! I know we probably won't get that back... I need help in figuring out what to do next...

midland funding has frozen my bank account unless i pay in full from a debt in 2005 they will not settle less their atterneys went straight for my bank no notice but from bank already paid current bills now im overdrawn from my account but if i try to put any money in there they will take it can they get into another bank account if i open one

I have several payday loans out in Nevada, I just looked on the list of pdl's in my state and none of them are on the list. These companies are killing me, They have been hitting my account for months every payday I am overdrawn before I can pay any of my bills. I called the bank this morning and told them that this is fruad and because they are all in my husbands name they said I cannot do anything until they speak to him. Can I make them reverse the ach's and put the money back in my account? and then revoke all ach's from my account?

I just paid the balance of my payment but the charged me twice. Does anyone know if it is a hold on my account untill it clears or what the process us I need to take to get it back? Thank you

I know that if the payday lender is licensed in that are legal.. I went the Virgina SCC - Office of the clerk for a list of licensed payday loans lenders and none of mine were on the list...I would like to know where I can find out if they are illegal.. I know I need to pay back what I borrowed but some accts I have paid back principle amounts plus much more.