Can anyone give me advise on the laws in Florida?

Here is my orignal post

Can anyone give me advise on the laws in Florida. I too have been caught up in the web on internet loans. Right now I have 10(I didnt even realize I had taken out this many) loans out and its killing me, there going into my account on days they know are not my paydays and my bank is killing me with fees because the money is not there, any help is greatly appricated.
The companies I used are
paydayloan-yes-260.00(extend 3 times at $60 each time)

e-paydayloan- 260.00(extend 3 times at $60 each time)

loanshoponline-$260.00 (extend 3 times at $60 each time)

loanpointusa-$260.00 (extend 4 times at $60 each time)

intermcash-$300-(extended 4 times at $60 each time)

Quickest-Cash-Advance-$300((no longer extending account in default)

usapaydayloan-$300((no longer extending account in default)

unitedcashloans-$480(no longer extending account in default)

applefastcash-$300(extended 3 times at $90 each time)

InstantCash911-$400(extended 2 times at $120 each time)
_________________
My question is what step can I take before the blood suckers attack my bank account on friday?

You will find the Payday loan laws for Florida here (just select your state),
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html
When you say extened three times are you saying that you have only paid the fees.

Hi. Welcome to the community. :-) For immediate results, you will probably have to close your bank account and open another one at a different bank. You will also probably want to get your employer to pay you with a "live" check on Friday so that you can take it to the bank and cash it yourself. This will keep the ipdls from getting to your money. BUT, this is only the first step. Please answer Kash's question about the extensions. Also, try to relax because there is a way out of this. :-)

yes I just paid the fee's, plus interm cash just left a message at my job stating if I dont call them back they will take legal action against me. Can they do this?

No. They are most likely not legal or licensed anywhere. This sounds like an idle threat to scare you. Also, remember that per your laws, criminal action is prohibited. I think that you need to send all of the pdls a cease and desist letter along with a wage assignment revokation letter so that they don't try to send something to your hr department to have a part of your wages sent to them. This is completely revokable, and I don't even know if you signed one. But, to be on the safe side sending something saying "I revoke all wage assignments that may have been previously authorized" will keep them from being able to get anything. They will try these kinds of tricks, so it is just better to be prepared for them.

Please read the following before you close your account. There could be ramifications to closing it which would only give you more problems

Also, per your state laws, I see that you should only be charged $15 per $100. In most cases, you were charged $20-$30 per $100. Also, rollovers are not permitted, per your state's laws. If you were allowed to extend your loan, then the laws were broken anyway. So, add up all that you have paid to each pdl and let us know what you have come up with. You probably don't owe nearly the amount that you think you do.

Ok im going to call my bank and see if the can stop the ach transactions, hopefully they will work with me so I can erase the negetive $300 in fee's I have thanks to the blood suckers going into my account on days they know arent my paydays

Ask them to put a hard block on your account for all ach debits. I know that you can not close your account at this time, so at least a hard block should help.

Ok I'll do just that. Man I wish I found you guys months ago, I will be spreading the word about you guys.

Let us know how you make out at the bank. We need to see how much you legally owe these places

Kash, since the pdls are basically doing unauthorized transactions (being that they are deducted on days that Ishmael didn't authorize them to be deducted on), do you think he should make a report to the bank regarding unauthorized transactions? This might help to recoup some of the fees he's incurred. Just wondered what you thought of that. :-)

he can try, but they are not unauthorized deductions. It is the dates that are off. Ishmeal . Did your pay date change , and you didnt notify the Pdls

Ahhh! I get it now. (I'm a little dense today!) Plus, I wasn't sure exactly how that whole unauthorized debit thing worked. So, let me get this straight...If the pdl is authorized to debit, then the date that they debit on is not relavent, even if a date is specified and agreed upon by the consumer and the pdl? I feel kind of dumb asking this, but like I said before, this whole authorized/unauthorized thing confuses me a little... :roll:

I would think that the dtae is relevent, but we need to see if Ishmeal did change his pay date and didnt inform them. Perhaps that is why they are debiting on a different day. It was something that I did. My date pay date changed and I forgot to tell one lender.

That's true. If he didn't inform them then it would be authorized...I'm sorry to have kept asking about it. I get it now. I think I was misreading what was being said. Looking back it makes alot more sense to me now. In fact, I had to let one of my lenders know that a pay date had changed for me, too, and it was like an act of congress to get them to change the debit date! I had to actually send them something from my hr dept. stating that I was not going to get paid until a certain date! (It was like a two day delay due to a weekend) I tell you, some of these ipdls are NOT easy to work with!

I never change my pay date, they were going in every two weeks on fridays like I agree for them to do, but MTE decided along with cashnet that they will go in the thursday following my payday and try to take the entire amount (with 3 or 4 debts,so the bank fees are piling up) along with their fees. Im on hold know with the bank I'll respond back once I talk to someone

BTW Ishmeal, If you register,you will be able to recieve messages

I did register (I think)I received a password, and on the top of the page its says welcome with my name.

I talked to the bank, the rep told me she doesnt think the bank would do a hard block but I would have to come into a branch office to find out which I cant do right now because im still at work.

I think all banks can do a hard block. Tell them it is because of unauthorized activity that you are trying to avoid happening to your account.

Ok I'll call them back, but heres the break down on what I have paid the blood suckers so far in fees alone
e-payday-$300 loan amt-$260

payday loan yes-$240 loan amt-$260

loanshoponline-$300 loan amt-$260

loan pointusa-$360 loan amt-$260

interm cash-$400 loan amt-$300

Quick cash aka Mte-$180 loan amt-$300

united cash loans-$400 loan amt-$300 they offed settlement of $480

Apple fast cash-$300 loan amt-$300

Instant Cash911-$480 loan amt-$400

I'm just jumping in here to tell you, ishmeal, that you need to go personally to the bank and speak with the branch manager. Do not call the customer service number. Do not speak with a teller. You need to go to the branch where you opened your account and speak to the manager there. That is the only person that can help you regarding your bank account. Not customer service. Not a bank teller.

Listen to Cannr - You really have to go in person to the bank.

Thanks guys, I went to the bank and talked to the manager come to find out she also was a victim of payday loans so when I told her my situation she was more than glad to help me. Instead of blocking the ach debts she close my account and reopened another one for me. Now im going to start sending out those letters to the blood suckers to stop them from trying to contact me or my payroll department. Do you guys have any copies of letters you sent that I can use. I really appricate the help and advise I getting from this site. In the words of the baby turtle Squirt from the movie "Finding Nemo". YOU ROCK DUDE!!!

Congrats on the bank account situation! Glad to hear they were so cooperative :)

I can PM you a letter....

Great going Ishmeal. I am glad your bank workrd with you. Please be sure since your new account is in the same bank, that they can not be linked. remember to not give this new number out.

OMG! :shock: I'm so glad you went to the bank! Isn't it amazing what you find out? What a small world! That poor woman was also trapped in this mess. Man! She took care of you, too. Oh, I'm so glad to read this! I see volley is pm'ing you a letter to send to these pdls. Great! If you need any help with the letters or anything after they receive them, just post! We can help you further! Great job so far! :D

Can anyone give me the mailing address for the following blood suckers

Interim cash
United Cash loans
Mte Financial
E-payday

Interim Cash
they are based in London but have a NYC address
19 W 34th stret
NYC NY 10001
Phone 877 539 6707

E-Payday Part of platinum B
16807 U.S. highway 19 Nirth
clearwater Florida 33767
Phone 800 331 7020

United Cash Loans
3531 P St NW
Miami, OK 74355

MTE Financial Services
515 G SE
Miami, OK 74355

United Cash Loans is a d/b/a of MTE Financial.

Hello guys, I have some great news I sent out my letters I've gotten the signed return receipt so I know they recieved them all except paydayloan-yes(because not realizing, I had a P.O. Box address for them) but so far Apple Fast Cash and Loan Shop have sent me letters saying they will cease with all collection attemps and my accounts are paid in full. Does anybody have a valid address for Paydayloan-Yes, I would like to resend them my letters, also does anyone have the address for USA payday loans they contacted me via phone and offer a settlement of $150.00 to be sent via western union, even though the loan was only for 150.00 and I already paid $50.00 should I just pay them or fight them as well.

Also do the blood suckers have access to other payday loans?,Because in the letter from Apple Fast Cash they listed all of my loans from other companies and said the were closing my account because they could see I was over extended (like they weren't breaking any laws and was doing me a favor). Just wondering can they access that information legally.

ishmeal! Great news! I can see what I can find for PayDayLoanYes. I'll do a search. USA Paydayloans? Do you have their phone number? I can do a search on them also. Now regarding them and their settlement, if you just want to "be rid of them", by all means, settle! However, the cost of the money gram is going to come from you & you have already paid them $50. I wonder if you can "counteroffer" for $100 to settle, which would be subtracting your $50 pmt & also tell them that it would also make up for the money gram expense?? Am I being petty? But, hey, $100 is actually what you owe them. And money gram does cost. But, it's up to you. If it's worth the $150 to say "goodbye", then do it. Your decision! Let me see if I can find anything on the two pdls you need info. one. I'll try! :wink:

Global Payday Loan, LLC
PayDayLoan-Yes
PO Box 572037
Murray, UT 84157

The BBB just has a PO Box for them. Hang on, I'll look some more.

Crap! :shock: Stupid PO Box's!

Global Payday Loan, LLC
PO Box 572037
Murray, UT 84157

Okay, I found they are affiliated with CashNet500. But guess what??? Here you go...

Cashnet 500 Financial
PO Box 572037
Murray, UT 84157

Is it driving you insane? It is me! :shock: