I have at least six payday loans. They are all on-line companies. I have no idea where to start to get out of this mess. I have more money going out than I have coming in. My credit cards are now through a credit counseling agency, but they don't deal with payday loans. What can I do?

I defaulted on a loan with Payday OK about a month ago, and advised them before the loan defaulted that no further debits to my checking acct. would be honored, as the acct. was frozen. I gave them a proposal to pay off the principal balance of $240. I received a reply stating that they do not make payment arrangements, yet they gave me until 7/31 to pay off the $240 in one lump sum. I received an email last week informing me that they had tried to debit my acct. and the debit wouldn't go through, so they were charging me a $25 NSF fee.

Has anyone here recieved a loan from FTR Processing without signing for it? They have debited a lot of money from our account after they processed an unauthorized loan. We may have applied for it but we never signed for it, that is how they got our personal info. We finally put a stop to it. BEWARE of FTR PROCESSING! Not to mention they nver left a phone number at our bank nor sent us an email or anything.

I got a call last night from a legal company working with express usa cash and he said i could work out a payment on my own with out proceeding with legal action. well the only problem with that is they want the first payment this friday, and i don't get paid until next friday. So i don't know what i am going to do. I mean i am willing to make the payments, but i don't have it yet. What kind of legal actions can they take? do you think they could take me to jail, sue me or garnish my wages? please someone answer my questions, i am so scared and don't know what to do about this....

So, like many here, I too have bad credit. I had (have) a bad mortgage with what I know now is a predatory mortgage lender (Ameriquest) who is trying to foreclose on my house. I'm trying to sell it first and just get away from the mortgage companies for a while. In any case, I have no credit cards, no loans, except my bad mortgage and an equity loan (which has never been late). My credit score is 530 (?) I think. I couldn't refinance my mortgage because of the late payments to Ameriquest (long story there), and a misreported credit status from a vendor (another thread here).

tryin to get out of debt

In my recent issue with Sonic Payday, they've threatened me with Wage Assignment. I've gathered some excerpts from the Indiana code on Wage Assignments: [quote]IC 22-2-7 Chapter 7. Assignment of Wages IC 22-2-7-4 Married persons; consent; exemptions Sec. 4.