I live in NY, and have several payday loans. I'm stupid, I know. They are all for $200, and have anywhere from 1-3 payments on them already of $60. I also have 1 for $700 with Nationwide Cash, which I have paid 3 times $105 on.
My question is this...I do not expect these companies to just disappear or submit to my demands easily, as per the letter template I found on these forums. I know I've seen others, in NY, say they have used the letter, and closed their bank account.