PDL Trap
Date: Tue, 12/18/2007 - 09:50
I am new to this forum. I am embarassed because I have gotten myself into the PDL trap :(
I have 3 internet PDL loans
ameriloan
Netcash
GenevaRoth
I have closed my account and now dealing with the phone calls.
Does anyone know the PDL laws for California?
No need to be embarrassed. we have all been there.believe me 3 l
No need to be embarrassed. we have all been there.believe me 3 loans is not bad at all. I will post the CA laws for you .
California State Information
You will find the Payday loan laws for California here (just select your state),
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html
Thank you so much for your reply! I have 3 internet pdl on the i
Thank you so much for your reply! I have 3 internet pdl on the internet and 3 storefront. I am working with the storefront ones and have agreements with them. What a nightmare!
Don't be embarassed that is why most of are here we have been in
Don't be embarassed that is why most of are here we have been in the same boat. You will get yourself our of this nightmare just remember that the storefronts are normally legal and operate legally and will and do sue if you fail to pay them back. I am glad that you are able to work things out with them. If you have any problems with the payments that you are making to pay them back notify them beforehand, they most likely be easy to work with.
How much have you borrowed in principal from the internet pdl's and how much have you paid back? Please provide this information as it will be helpful for others to help you.
ladybug
Ladybug is correct, don't be embarrassed, you on doing the right
Ladybug is correct, don't be embarrassed, you on doing the right thing trying to face this problem and resolve it. It's the only way. I have been there and done that, and I am sooooooooo DONE with the pdl trap. NEVER again, it was a longggggg road, but thank God it's behind me now.
This forum has been SO helpful!!! I have not paid any principal
This forum has been SO helpful!!! I have not paid any principal back on any of the 3 internet PDL. Only the $90 extension fee. One loan i took out was $300. Now they say I owe $715 because of NSF fees! They sent me an email to contact them. I replied back and asked for a breakdown of htis $715. No response! Go figure!
All 3 of your internet PDL's are illegal in CA...i am also in CA
All 3 of your internet PDL's are illegal in CA...i am also in CA.
ameriloan has been issued a cease and defrain order by the state...they arent even supposed to be doing business here.
Thanks volleyballmom for the info! How did you find that informa
Thanks volleyballmom for the info! How did you find that information out? It will be helpful for future collection calls that I know I will be getting :( Netcash says I owe them $715 for a $300 loan. I asked for a breakdown. Havent heard from them since.
Ameriloan hasn't only been told to cease and desist. They have
Ameriloan hasn't only been told to cease and desist. They have also been sued by California.
Go to this link:
Quote:
Civil Action Defendants: Date of Initial Action, County of Filing, and Case Number Defendant AMERILOAN, a business organization, form unknown; AMERILOAN, a corporation; AMERILOAN, a limited liability company; AMERILOAN, a partnership; US FAST CASH, a business organization, form unknown; US FAST CASH, a corporation; US FAST CASH, a limited liability company; US FAST CASH, a partnership; ONE CLICK CASH, a business organization, form unknown; ONE CLICK CASH, a corporation; ONE CLICK CASH, a limited liability company; ONE CLICK CASH, a partnership; UNITED CASH LOANS, a business organization, form unknown; UNITED CASH LOANS, a corporation, UNITED CASH LOANS, a limited liability company; UNITED CASH LOANS, a partnership; PREFERRED CASH LOANS, a business organization, form unknown; PREFERRED CASH LOANS, a corporation; PREFERRED CASH LOANS, a limited liability company; PREFERRED CASH LOANS, a partnership; INTERNET CASH ADVANCE MARKETING, INC., a corporation 06/29/07 Los Angeles Case #: BC37336 Complaint For Temporary Restraining Order; Preliminary Injunction; Permanent Injunction; Civil and Ancillary Relief Temporary Restraining Order; and Order to Show Cause RE: Prelminary Injunction Order Granting Plaintiff's Motion For Preliminary Injunction and Denying Defendants' Motion to Quash Service of Summons and Dismiss Complaint |
http://www.corp.ca.gov/enf/info/dr/list.htm
You can search by company name and view all the documents.
PLD trap
Has anyone ever delt with Netcash USA? I think they also DBA as Zipcash and probably alot of other names.
They forwaraded my file to a company called Centrinex. They told me I owe 715 on a 300 loan. I asked for a breakdown of the charges and I haven't heard back from them since.
as far as store fronts.. stop payments then call them set up pa
as far as store fronts..
stop payments then call them set up payment plans..
they will work with you then every time you pay the 45.00 fee it will go to the 300.00 pay them every 2 weeks as you have but the loan will go down. they can only add 15.00
the only way to get out..
Also the state of Cal will take action.. trust me I am going to court against a Payday loan co.. the state is suing and I am testifing
this is a store front that broke the law it has taken 2 years BUT they are taking action..