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Indiana - online PDL Troubles

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I live in Indiana and I have taken out several online PDL's. A few of them have just charged me the interest for over a year now. I am in a trap and can't seem to get out of it. $300 a week is taken out of my checking account and that is just the fees. The companies I deal with or have Dealt with are Cash Direct, Up Front Pay Day, Paycheck Today, Discount Advances, Interim, Instant Cash Til Pay Day, One Click Cash, MTE, and Zip Cash. Any suggestions would be helpful.




CMG so far have paid $1800 in finance charges
Whistler so far have paid $2790 finance charges
B&L so far have paid $2475 finance charges

WOW, can't believe that and I'm still paying!!

Do you think I can work out something with them, they have more than well got their money out of me!!!

Sub: #11 posted on Wed, 09/05/2007 - 09:03

BikerGirl BikerGirl

(Posts: 89 | Credits: )

Harley - Don't be scared. Just follow Morningstar's advice. She is from your state and has been through this! She knows her stuff!

Almost all of us here have been in your shoes. We know what you are going through, how you feel, and what steps you must take to rid yourself of these loans.

Ask any questions you have. We can answer. Anytime you want to vent your frustrations, post. We can support you through this!

Sub: #12 posted on Wed, 09/05/2007 - 09:04

goudah2424 goudah2424

(Posts: 7935 | Credits: )

This thread:

http://www.debtconsolidationcare.com/paydayloan/close-acc ount.html

Explains about closing your bank account and making sure it is protected from these places. Please read it before you go to the bank.

Sub: #13 posted on Wed, 09/05/2007 - 09:05

goudah2424 goudah2424

(Posts: 7935 | Credits: )

awww, thank you. I'm worried about the phone calls, the harrassment and everything else that goes with it.

Sub: #14 posted on Wed, 09/05/2007 - 09:07

BikerGirl BikerGirl

(Posts: 89 | Credits: )

Just know that all they can do is call you and harrass you. NONE of their threats are real. They cannot do anything to you. They are the criminals, not you. You've done nothing wrong.

I would recommend doing a search on this site for the company names you are dealing with. That way you can read other's experiences with them and get a general idea of what to expect. Just be prepared. Have some fun with them. Talk all gibberish or something. Another thing that can be fun is if they say that the cops will be there soon to arrest you, ask them to hold. Come back a minute later and say you have the sherrif's office on your other line and they told you that you can't be arrested for defualting on a pdl, and that it is illegal for the company to threaten you with such. Then tell them you will be filing a police report and they can expect the cops to be at their place of employment in 20 minutes!

Sub: #15 posted on Wed, 09/05/2007 - 09:12

goudah2424 goudah2424

(Posts: 7935 | Credits: )

Goudah...how funny!! You crack me up...but you are also oh so right!!!

Ok Harliebarbie...are you ready...here we go..believe me...follow these steps and you will party hardy by next weekend.

1. I checked the Indiana DFI...and as I thought I can find no licenses for any of these...all internet loans, right?>? right.

OK. 2.You are going to read the closing bank info and that's your next step...stop paying on any of these and when you have your grand totals we will figure out just who you may owe. Open a new account and give NO ONE that information ever.

3. You will be writing letters to these ipdls revoking their rights to your checking accounts, any wage assignments,demanding they stop calling you at work etc. as required by law. If you have over paid you will say so and ask for a refund. We hardly ever get refunds but it's worth a shot. If you still owe on the principle you will ask to make arrangements to pay it off...in another way besides using your checking account. You closed it and don't have one...if they want their money they will give you another way to pay it off.

4. You will file complaints to the Indiana State's Attorney's office, the BBB and the FTC. Many times the AG's office and the BBB can help you in mediating closure with some of these. I am in that process now and the AG's office has helped me close 3 of the 5 I filed so far.

5. You will swear never to take out another ipdl!! Just joking here bit really don't...I know it made me sick too when I saw what I had paid over a 2 year period...but please you don't have time to be ill right now...now you have to fight to get your control back!!!

Also do as Goudah suggested and search under the names of some of these places and you can see how thye have been handled etc. Post any questions you have....read the do it yourself tab at the top of the page. There is so much info here...you can do this....and we can help you.

Sub: #16 posted on Wed, 09/05/2007 - 09:44

Morningstarr430 Morningstarr430

(Posts: 2329 | Credits: )

Now will they be calling my references and my job and telling them I owe this money? Or can they do that?

Sub: #17 posted on Wed, 09/05/2007 - 09:52

BikerGirl BikerGirl

(Posts: 89 | Credits: )

Once you revike their right to call they are required to stop. Now that said...these are illegal ipdls and they don't always follow the rules...however I will say out of the 10 I had I only got 2 or 3 calls at work...and they called my son once...mostly thye call when there is no way to get a hold of you. You can always make up a story for work...tell them someone got a hold of your info and opened an illegal loan in your name..you are trying to fight it off so there may be a couple of calls. Please believe me ..we have all lived through this...

Sub: #18 posted on Wed, 09/05/2007 - 09:56

Morningstarr430 Morningstarr430

(Posts: 2329 | Credits: )

I'm in Indiana as well......Listen to everyone on here....they have given great advice and have had luck with their complaints.....I have not had any luck but I've learned it never hurts to try......

Sub: #19 posted on Wed, 09/05/2007 - 10:07

Tweety71 Tweety71

(Posts: 2061 | Credits: )

Well, I just got off the phone with my bank and they said I could close my account completely and they would open up a new one. Said that it would stop anything from coming out of my account. I need to change my screen name on here, how do I do this?

Sub: #20 posted on Wed, 09/05/2007 - 10:31

BikerGirl BikerGirl

(Posts: 89 | Credits: )


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