pay day loans in texas

bl, Welcome. We are here to help you. Many of us have been in your situation and we have worked our way out of it. There are no judegements here and we are all in this together. Please tell us if they are store front or internet, the names of the companies, how much you have borrowed from each and the total of how much you have paid to each. Once you give us this information, we can guide you in the right direction.

Live in Texas and all of mine have been internet loans.. please give me assistance on where to start. I have closed my account out and have moved my direct deposit to another bank that i have accounts with...I am scared, but really need my life back...so what letters do i need to start sending to the pdl persons and my hr people. i have sent out an email to my co-workers that we may receive phone calls...and to my relatives that i used as references...thanks to all with your help....soon...oh, my next debit date is the 29th...so i am good with getting my account frozen..

purple, your bank account is closed totally, right? So the pdls can't hit it on the 29th? You have no storefronts, correct? You did good by closing the account. That's the first step. The next step is to send all your pdls a letter revoking everything under the sun. Who are your pdls? We can tell which ones you might need to do an "extra" letter for revoking a wage assignment. It's covered in the main letter; however, I like to do a separate one for them so there is NO misunderstanding! Just post. If you need a sample letter to go by, we can get that for you.

If you're being harassed by the lender of debt collector, find help in Texas. Start at naca.net or helpingtexas.com

My bank did tell me they have frozen my account that nothing will go through on the 29th. I also have a lawyer who is a friend of mine that we are meeting with on Friday as well. But I figure I want to send out something to all of my PDL's before hand so they won't start hounding me by phone on Monday. Here is all of my pdl's.....don't make fun of me......
Cash Transfer Center
Cashnetusa
Eastside Lenders
GFILS
Interim
MTE (Quickest cash advance)
Impactsolutions
Impactcashusa
Payday
Cash Supply
Net Cash
ACH Loan
AIP
Think Cash
E-Payday-Loan.com
Cash Advance Network
WWC - World Wide Cash

It means the world to me that there are people wanting to help......thanks for any advise...just need to know if i should inform them all that i have to close my account and tell them only to contact me by email or mail. I will need a sample letter...also, should i just fax them the info?

thanks to all.........

Yes, all internet loans.....

purple, I responded on your other post. Let me see if I can find it. And, no one is going to make fun of you. Please! Why do you think we are all here? We were/are all in the same situation. You are not alone. Always remember that. And we are here to help you out of this mess. I've addressed your questions on the other post, so let me find it for you. Hang on.

Here is what I posted on the other post you had:

I have registered so you can pm and what not...guess i did it right...I just need a sample letter as you described above to i can get that out today. Also wanted to know if its okay to put my lawyers name and phone on it as well...I am gathering the information you have requested as well; borrowed amount and amounts i have paid in.

A couple of the companies you are dealing with are CSO's in Texas - This means that they are legal. Cash Net USA is a CSO, and there is a Cash Supply that I've seen registered, but I don't know that it's the same Cash Supply.

Also, Think Cash is an installment loan - It's backed by a bank and is also legal.

so how do i handle them........I don't mind paying back a debt, but want to set up on my own terms...do they normally work with people? do they need to be sent this revoke wage assignment as well? thanks for the heads up...

Since they have actual legal means to collect on the debt, a wage assignment is unlikely . . . . But it doesn't hurt to send it just in case.

The legal ones are the ones to take care of first. Don't pay a cent to the illegal ones until the legal ones are taken care of. That way you can throw more money at the ones that can potentially sue you.

Communication is key - If they think you are avoiding them and ignoring the loan, they will take actions to collect. Keep up communication. Tell them what you can pay, and when, and send them a letter stating it in writing. They are probably going to say it's too little, but pay it anyways. Send a copy of your payment plan with each payment. They will cash the money order, and your balance will go down.

ok, so which ones are illegal? I just want some kind of sample letter that I can use, that I want to say not to call my work, references and to revoke a wage assignment. I want to communicate; i have no problem with that just don't want unwanted hassle at my place of employment.

I do have a lawyer that i am meeting with this Friday.. guess it doesn't hurt. but having this forum has been wonderful...just scary because for the most part; everyone is on the same page, but not always...

Speaking of PDL's in Texas, I am also in Texas and working on putting stop payments on my last remaining PDL's. I have three currently: AIP, Rapid Cash Management, and 365fastcash.net. All were done by verbal contract over the phone. I just have a few questions. One, does anyone have an e-mail address for any of those companies? Two, are any of those legal in my state of Texas? Three, where is the best place to look for letters to mail to these places to inform them they are operating illegally in my state and to stop debiting my account?

Thanks so much for all the usefull information I have received here so far. This is a great place and I am finally getting back on my feet again.

800-274-4159 800-441-6383 this is AIP phone and fax number, i have no email. I am new to this too as you can see above. Not sure who is legal and who is not in Texas...keep watching for help, they will let you and I know...Instead of stop payment, you might want to just close your account out. Make sure they freeze your account not just close it as the ach's may re-open..that's all i know now...good luck.

None of those companies are legal soxfan - The easy giveaway is no legal company does verbal contracts!

I can't speak about the other companies, but AIP you need to deal with by filing a BBB complaint, then talking to them. They hate BBB complaints.

Thanks! I have too many other things linked to my current account to close it at this point. My bank has been very helpful in putting stop payments on these places for me and they have worked up to this point.

Very cool. I actually filed a complaint with the BBB for AIP earlier this week, so I am just waiting to hear back from those guys. Do they usually respond by calling me or will they respond through the BBB?

is there a list out there for legal pdl's in tx?

You would have to look 2 places to see if they are legal in Texas - The state regulator's website (Dept of Financials) and the Secretary of State's website (to check for CSO's)

thanks goudah...

Sure - Let me know if there is anything you are unsure about - Sometimes it can be hard finding licenses . . . . . .

Sox - Be careful about stop payments. They will only work for a short time, and are expensive. The pdl's have many ways to get around them. It's only a matter of time before your account gets hit.

I have researched websites and all to find the licenses pdl companies...still researching. I am not sure if you have read my posts above, but waiting on help in getting a sample letter to send to these pdl's to revoke wage assignment, don't call my place of employment etc...all in one letter..if there is one. I am seeking advise of a lawyer this week and would like to put that on the letter as well. I want to pay back monies only where it's deem necessary..let me know goudah your thoughts. thanks...

purple, AIP - file a complaint with the BBB. They will be the first ones to respond and, if it applies, offer a refund. They are NOT licensed. This is a verbal agreement. They are illegal. File complaints with the BBB, the FTC, and your state AG. Most likely they will settle with you just through the BBB. I had a pdl with them also and ended up getting a refund from them. As far as your letter you're requesting, I did get your pm. I responded, so check your mail. I can get that to you as soon as I get home. Do not worry. I'll send it and explain it to you. And I'm here to help if you need it. And, goudah is also - as you can see!! :D

I am blown away with the support that i am receiving...cannr and goudah; you're absolutely terrific...i sure appreciate the advise more than you will ever know...

ok; I do have a question; my personal friend and lawyer I am seeing on Friday is going to work with me as well...so my question is; shall i wait for him to file that for me or just get started on my own and give him the information once i get there? Also, i do think i should go ahead and get the letters out before i meet with him and just give him a copy as well..

good idea????

purple, that's what we are here for! :D Go ahead and file your complaints now. You're going to anyway. You can do it on line. Get it out of the way. If you want to get all your letters ready, then by all means, go ahead and do those also. (I'll have that letter to you today!) Maybe you might want him to just "look" at them, since he's a friend of yours. It's up to you. But there's no reason you can't go ahead and get the ball rolling on this stuff while waiting to meet him. You're not doing anything that I would think he would advise against at all. So, go for it if you want!

am i filing a complaint with the bbb and on all of the pdl's. I never found a website to see who is legal and who is not...i don't mean to sound like a broken record....but want to make sure i am taking all the correct steps...as always...thanks a billion.

I agree with Cannr - Get started with the complaints. Those you will file no matter what.

You are in a great position to have a friend as a lawyer - But be aware - This is not a field most lawyers have knowledge about. What does he specialize in? Things can get kinda murky with interstate commerce laws, and contract laws . . . . But with the illegal companies you have everything squarly on your side.

I also want you to be aware - The letter usually does little to stop the harrassing calls. In fact, they will usually call more. It's their only way of collecting the money. They will try to scare and harrass you out of it. Don't give in, and know they will lie to the moon to try and scare you. You can't go to jail. You can't get your kids taken away. The FBI isn't coming to pick you up at work.

One thing you may want to consider if you are worried about calls at work - Tell your boss/coworkers now that your ID was stolen, and you're finding out someone took out a bunch of payday loans in your name. That way when the harrassing calls start (and they will) it doesn't embarrass you, or get you into trouble at work.

Don't worry about sounding like a broken record! You are absolutly correct - Making sure you're taking the right steps is of great importance!

To search for a regular payday loan license in Texas go here:

http://168.39.159.59/default.asp

To search for CSO registrations go here:

https://direct.sos.state.tx.us/cso/csosearch.asp

i was a little embarrassed to let my co-workers know what has happened...but that truly is a great idea. goudah and cannr............one day if we ever meet in person.......drinks....dinner...even dessert is on me...ha ha...tons of thanks.

my lawyer friend does do financial law and other...he will be a good asset...

ok, when filing a complaint with the bbb, do i just give the exact name i borrowed with and do they need how much i owe? i am still getting that information together...

Definatly Illegal Companies of yours

Cash Transfer Centers
Eastside Lenders
GFSIL
Interim
MTE
ACH Loan
AIP
Net Cash


One's I think are probably illegal but am not positive

Impactsolutions
Impactcashusa
Payday
Cash Supply
E-Payday-Loan.com
Cash Advance Network
WWC - World Wide Cash

Legal Companies

Cash Net USA
Think Cash

When filing a complaint with the BBB, just give a brief summary of the facts, mention this company is acting without the proper licensing and charging more then legally allowed, and what you want the outcome to be.

That is great your lawyer friend specializes in finances . . . . He will be a great asset to you. :D

guessing i don't file a compliant against the legal ones....

Unless the legal ones have broken a law, or done something wrong, there is no real reason to.

then I assume that i will just have to call them to make arrangements to settle up my account..unless by state law they have over charged me...will see when i have done all my figuring...

i just did one complaint....14 more to go...man was i ever crazy to do all of these...but when times are tough, what ya do...definitely not that huh...

The 2 legal ones - It's not so much your state law they would go by.

Cash Net USA is a CSO. Federal law allows fees charged by CSO's to not be considered interest. So technically, they are charging you very low interest, below your state cap, and a huge fee. Crappy, but legal.

Think Cash is an installment loan. They are backed by a bank, so federal law allows them to import their home state's interest rates. Their banks home state is DE, where there is no cap.

that's good to know, I will touch base with them first to work out some deal to settle...and worry about the others lastly..

do i need to send them revoke wage assignment as well?

they will know by Monday that my account is closed from 29ths rejects...

tons of thanks.

You can send it to them just to be on the safe side . . . . But most legal companies don't do wage assignments. They have other ways they can collect.

purple, I'm sending you a letter to use, okay? Just take goudah's advice also. If they are legal and are abiding by the law, then there is no reason to file any complaints on them, as they have done nothing wrong. The others though, file complaints against them. I'm sending you the letter through pm now. :wink:

In addition to what advice goudah gave you regarding the harrassing calls, it is addressed in the letter; however, like she said, it won't prevent them from calling. Her idea is excellent. If you need to tell your coworkers something, make up an identity theft story. What worked for me (only because I get the phones) was saying "I'm sorry, they no longer work here." If you can get your receptionist to screen your calls and feild them away from you, that would be great. If they get the impression you "no longer work there", they won't call there. But they will hit your cell/home phone like crazy. And I mean CRAZY!

cannr, i sent you a pm...let me know your thoughts...

thanks... and goudah, thanks for the info as well, taking your advise too...

so, how long has it been for both of you being out of this mess and just helping others...i hope i can very soon...

I've been pdl free for a couple years now . . . . :D

It takes some time, and some work, but you can do it! Once you get the first PIF letter it will really energize you and motivate you to go after the hard companies.

I am looking forward to hearing back from AIP on the complaint I filed on them through the BBB. Anyone have experience with that and know how long it usually takes them to respond?

Whoops! That's my post above. Forgot to log in! :?

I know when I filed my complaint against them, I called them about 2 weeks later, and they settled on the phone without me even asking them to.

So can't wait for this to be over. but the one thing keeping me going is knowing i will have my paycheck back...and I determine when they will get their money even if that........some I have paid so much too, it's embarrassing...Phone calls haven't come yet, I am about to send out letters and waiting on this Monday as all ach's will reject due to close account..it's going to be bumpy, but always ready for a good ride....keep all of you posted....thanks for listening....

I am sure after all of this is over; and i am not divorced..ha ha (spouse is being very supportive), i can laugh and hang out here helping others out...

go goudah.....success story...connr...you too...

We havea whole forum for success stories - Check it out!

https://www.debtconsolidationcare.com/success-stories/index.html

Getting your full paycheck again is a real thrill! :D

Well, I fired off an e-mail to Rapid Cash Management telling them to stop debiting my account and that they were operating illegally in my state and that I would be reporting them to the BBB, Attorney General's Office and FTC. Just got a phone call from them, but I was away from my phone and they left a message. I e-mailed them back and said from now on I will only communicate through e-mail. We'll see what happens from here. Wish me luck!

Good luck! Just be persistant, know that they are liars and that they are the ones breaking the law. Keep your ground, and you will come out the winner. :D

purple, got your pm's and responded. :D If you need any help, just post or pm, okay? Sounds like you're good to go, my friend! Great job on emailing those morons and telling them you will only communicate via email! Keep strong and keep posting and pm'ing. We will all get through this!