I'm trying to get out of my online payday loans w/ the help of the MD Financial Commissioner Office (as I read about on your site); I closed my bank account and I recd an e-mail from bmggroup.com, saying that my CMG account was referred to AIS (a debt collection company) for collections; I HAD paydayloans, but have no idea who CMG is. From what I've seen on this forum, Bahamas Marketing group (BMG) is no-good. The e-mail was signed "I Collect," I can't imagine any legit company signing an e-mail like that. Any thoughts or info on these companies? Thanks.

Does anyone know if MyCash Now is liscened in Illinois? I am desperately trying to get out from under these loans, I have sent letters to some like suggested on this site. my loan is for $500 and I have paid 174.00(just in rollover fees) what are my options with this one in Illinois. Also USAPayday-are they legal? have not paid anything towards that one yet.

contacting me, i think that is because i have switched banks jobs and phone numbers, do you think its wise if i send them letters as well, demanding that my acct be marked as pid, because i have a strange feeling that they may have reported me

I have several payday loans. . . what steps should I take to close my checking account and make payment arrangements to make paying them back more manageable.

I'm in SC. Loan Point USA (Geneva Roth Capital) Amount:200.00 Paid so far:90 SSM Group LLC Amount:200 Paid so far:180 Sagamore Amount:200 Paid so far:120 BIG LTD Amount:200 Paid so far:155 Tremont Amount:250 Paid so far:125 Cashnet Amount:350 Paid so far:135 The amounts showing paid were my semimonthly refinance fee. I wasn't able to keep up the payments and my account is currently overdrawn by 895.17 because they keep trying to draft payments. I bank with USAA and the account is still open. I'm in chexsystems and really need this bank.

Ok, I've been reading the posts on this subject all morning as I have an appt with a BK attorney in a couple of weeks & I am pretty nervous. I spoke on the phone yesterday morning with a debt mgmt counselor & after all was said & done he advised me to speak with a BK attorney. I have over $20,000 in unsecured debt-mostly credit card & now I have 4 pd loans I cannot keep up with.

First of all, I'm glad to see you, MCA, on another site that will help people who have had banking issues, especially with ChexSystems. I had wondered what had happened to the previous site and you, of course. In the past couple of months, a lot has happened regarding Netbank. Instead of being taken over by Everbank as initially stated, the regulators actually closed Netbank but gave the deposit accounts , the IRA and CDs to ING Direct. During this transition period, things are almost normal except for international transactions.

Several years back I received a payday loan. The company then folded and I had no way of getting in touch with them. A few years later I received a call from a collector threatening to have me arrested from theft. They refused to take any kind of payment plan to repay. I never heard anything else until yesterday from another collector with the same threat. The loan is so old that I don�t remember the amount. They gave me a figure of $412.00. But trying to force me to pay $4200.00 for legal and late fees. I told them I would pay them the $412.00, but they refused it.

Cash supply offered me a settlement of $178.00. My loan was for only $200.00 I have paid them back $240.00. I don't want to settle. If I still owe Cash Transfer Center money but they are illegal. What are my options>

Okay I emailed them last night my letter requesting that they cease getting into my checking account, and that they give me paid in full letter. Have not heard anything back, anyone know how long this takes? Should I do anything else?