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are payday consolidation companies legal? I am in florida and have numerous of payday loans . i recently found out you can only have one in this state. please HELP

Hi Everyone, These forums I think are what I've been looking for to find out my answers so here I go. We are currently in about $80,000 in debt. We can make our monthly payments. Some on time and others 2 or 5 days late. I'm looking for some advice on what to do or which path would be the best for us. I want to get all of these paid off very soon. I can handle a 5 year plan. Also I want to get all of them into one payment. I currently pay 10 different things at 10 different times.

Hello Everyone. I took out a loan with Payday Max for $300 about a month ago. Well I had to close my account to get my stuff taken care of with my other PDL companies. Everyone was overpaid except for PayDay Max because they were new. Well I sent PayDay Max my letters (via fax to Credit Protection Depot because that is the only way they would take it) and told them they were illegal/unlicensed in my state, stop all ACH transactions, and that I needed to work a repayment plan out with them.

What are the laws in NY for the amounts that are allowed to be taken out??? CAN SOMEONE HELP ME??

Hi everyone, I am hoping that someone can shed some light on this email I just rcvd from summit grp. I had got a payday loan from them for 250.00 and have been unable to pay it back. They have sent me this email and I am trying to see if what they say they can do is legal as far as reporting it to the credit companies: EMAIL: Summit Group LLC FAX NUMBER 1-888-612-4889 PHONE NUMBER 866-918-2742 Dear Customer, Your account with Summit Group LLC is delinquent. You must call immediately to make arrangements to bring your account current.

I was told by a credit repair firm that if a CA sends you a form back that they consider "validation" of the debt. Thet there is a letter which asks the ca to send you a signed contract stating that you got into the agreement with the original debtor.. Is there any truth to this?

Anybody know them??? I just had a check processed thru my account for a $99 aplication fee. Never applied for it, From looking at the website I can see where I can opt out of the program, but nothing about getting the application fee back. I can only find an address - does anyone have any other information on them?

My DMP really screwed up & sent payments late (and only partial payments at that). If I get kicked out of my DMP, I know my finance rates change & all that stuff...but is it possible the payments to the creditors would be less than what I make to the DMP? For example, if my balance now is $5600 & my finance rate gets increased to 28%, my minimum would be $130 (I took my answer that I got by doing $5600 X 28%, then take that answer & divide by 12 (12 months in a year).

I have two payday loans I am slowly paying down. I go pay what I can when I can. Not on a scheduled basis. I owe about $500 on each but am making an effort to pay what I can. What type of letter do I send them to get the do corrospond via mail only with me?

I am currently dealing with cash one, it is a store front, i think based in california, they only have 5-6 stores with 2 in arizona. my problem is i retained an attny a few weeks ago and i am in the process of filing bk. i have already sent them a cease & desist letter but they still call, everyday i answer the phone and tell them to call my attny but they say no and hang up. they are refusing to take my attorneys info. so tonight the "innapropriate term" lady says they are going to call all my refrences until i pay.