I live in Missouri and have the following installment loans: Payday One $950 Great Plains Lending $950 Check and Go $1400 Spot Loan $950 Magnum Cash $800 CashNet $1000 Last week I signed up with a consolidation company to help me with these. I closed my bank account and this week they will start notifying these companies. My question is - are any of these illegal? And if so, what exactly does that mean? Do I only owe principal, even if it's an installment loan, not payday loan? Any advice is appreciated. Thanks.

this is the email i got from my web funds I hope your day is going as planned, I am going over your account and I want to clarify that we are not a pay day loan company, we are an installment loan company. That being said, according to the contract you have signed we are in our right to go after all the amount the contract states, now we want to settle the account and we will close the account with a one time payment of 290.00 USD and we will call it good. I just want to know when will be process the payment and close the loan and cease all the collections efforts.

Help. I live in texas and have multiple payday loans. I have talked to a consolidation company (progressive debt relief) but there were several blogs on your site that said they are a scam. I just desperately need help finding a manageable way to pay off these payday loans. Can you help?

I need to apply for a loand and consolidate all my accts please contact me

I've got an issue with CNU of Texas LLP dba CashnetUSA in Texas and introducing themselves as Credit Access Services Organization as defined by Texas law. On September 19, I received a loan in the amount of $850.00 excluding the loan fee of $75.00 and the CAB fee of $215.00. Total amount I agreed to repay was $1066.00 and some change.

I have three paydays loans outstanding and I'm trying to see what my rights are in Florida. I'm scared that they are going to start harrassing me at work. I just don't know what to do. Any help will be appreciated. Loans: Hydra Fun- 200.00 OPD Solutions-200.00 (just received an email from them that they have turned my account over to the National Credit Adjustors) USFastCash- 200.00 Thanks in advance:D

I have a loan with both of these companies. United Cash is 300.00 and I have paid 90.00 to extend and Seaside is for 600.00 and I have paid 180.00 and 205.00, the 180 was for an extension and the 205.00 was an extension and 25.00 for principal. Are either one of these companies legal? I am in Mississippi and my understanding is they have be licensed. I still owe United 300.00 according to them and Seaside 575.00. I am thinking about revoking ach and offering to pay principal only. Closing checking account is not possible right now. Any suggestions???

Hello, I received a letter from NCA Saturday in the mail. They state they have purchasd my Cashnet USA account. I had thought I had payment arrangements in place with Cashnet for the end of this month but guess they decided not to wait. I will be sending NCA a debt validation letter tommorow but I have a question. Since the letter states they bought the debt what is my legal obligation to NCA ? Can they add interest or late fees ? Thanks,

I just received a call from a collection agency representing Sure Advance. I told them I received a $400 advance and have repaid $424. They asked me if I was disputing the loan and wanted to speak to a supervisor. I said that it didn't really matter, I will not be sending them anymore money. I was transferred and asked the supervisor for a dunning letter. She is putting in a request for one. Not sure what will happen from here.............

I have 2 installment loans one with Cashcall that I borrowed $2600.00 from in August 2011 and pay $294.00 a month. My balance now is $2700.00 with them. It went up, how is that possible? I have made 12 payments to them which equal $3528.00. I also borrowed $1000.00 from AWL in June 2012 and make interest payments of $220.00 every 2 weeks. I have paid them $1540.00 total. I have payday loans as well for $300.00..how can I get out of this mess? My whole paychecks are going to pay these loans every 2 weeks and I'm getting behind on my other bills so I never have enough to pay them off.