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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.

Bikergirl here I just spoke to Langhorne and they told me to close my bank accounts, pay them $100 start up fee, and my fee would be $237 a month while they negotiated, sounds alot better than $345 a week out of my paycheck every week!!! I might start there, any opinions to this?

Sub: #41 posted on Wed, 09/05/2007 - 13:54


Bikergirl...there is a log in tag in the very upper right hand corner of the page...

Some people have used Langhorn..if you would rather do that than fight them on your can search them out in the google box to see what others that have worked with them thought.

Sub: #42 posted on Wed, 09/05/2007 - 13:56

Morningstarr430 Morningstarr430

(Posts: 2329 | Credits: )

Bikergirl here... lol
I just got off the phone with Towne and Country they tell me start up fee of $195, then my payments would be $200 a month... Sounds good, just wonder if they can help these things go away.. which they say they can do. Orrrr is this something I can do all myself??? What's your thoughts?

Sub: #43 posted on Wed, 09/05/2007 - 14:32


Bikergirl...many of us have done this on our own...I listed the regular plan above in one of the other posts from this morning...I believe there is info there from goudah also. Some people choose to have another company like langhorn or T&C do really depends on you. It is a lot of work to do it on your own...and you will have ups and downs as we all do..but in the end you have to make your own decisions.

Sub: #44 posted on Wed, 09/05/2007 - 14:38

Morningstarr430 Morningstarr430

(Posts: 2329 | Credits: )

Jumping in here real quick! bikergirl, T&C and Langhorne should both send you paperwork stating what they will do,etc. If you have called them and talked to them, they should be sending you something. Get your documents from them. Read them carefully. Then weigh your options. If you chose to do it on your own, of course, we are here to help you. Morningstarr is an Indiana resident and can help a lot. If you get your documents and read them and one sounds good, then do what you consider works best for you. Everyone has their own situation. And you do what is best for you and your situation. There is no wrong answer here. :D

Sub: #45 posted on Wed, 09/05/2007 - 14:55

cannr cannr

(Posts: 9317 | Credits: )

Many here have used Langhorn with success. What they do is have you save up money in a special account each month. Once you have enough in there they begin negotiations with the pdl's to settle the accounts.

Langhorn is a lawyer, and he used to work for the pdl's, so he knows how they work, what pressure to use, and so forth. I have heard that he can be very effective.

Sub: #46 posted on Wed, 09/05/2007 - 14:57


If you are still looking for companies to consolidate your pdls, I recommend speaking to the "financial coach" in the customer care of this website. He will go through your debt situation and recommend a suitable company in your area. Call them at 800-601-1579

Sub: #47 posted on Wed, 09/05/2007 - 15:30

Steg Steg

(Posts: 390 | Credits: )

it's me Bikergirl.... Well I spoke to Langehorne and it appears I will be paying them $1000 dollars plus $29.95 a month, don't think that is what I want to do... Okay guys gonna need ALOT of help here!!! Going to close bank account on Tuesday, unfortunately, I didn't see this site sooner!! $460 coming out of my paycheck tomorrow for fees :cry: But that's gonna be it!! I'm ready to challenge them, yay. Gonna need support, that's fo sure!!!

Sub: #48 posted on Thu, 09/06/2007 - 15:37


We are here for you! Let us know if you have any questions, need to vent, etc. Almost all of us have been in your shoes and know what you are going through.

And just think, in a couple weeks you will have your whole paycheck for the first time in how long? It's such a great feeling to get your check and know that you can pay your real bills!

Sub: #49 posted on Thu, 09/06/2007 - 15:56

goudah2424 goudah2424

(Posts: 7935 | Credits: )

It's me BIKERGIRL.....I found this to be interesting and 5 of my loans were taken out in July, do you think this should help me get out of them?

During the recently concluded session of the Indiana General Assembly, there was a
change to the statute governing the territorial application of the Indiana Uniform
Consumer Credit Code, including the Indiana Small Loan Act. Effective July 1, 2007, IC
24-4.5-1-201 requires internet lenders to be licensed, and to comply with Indiana law,
when making loans to Indiana residents. Additionally, IC 24-4.5-1-201(8) reads ???????If a
creditor has violated the provisions of this article that apply to the authority to make
consumer loans (IC 24-4.5-3-502), the loan is void and the debtor is not obligated to pay
either the principal or loan finance charge, as set forth in IC 24-4.5-5-202.???????

Sub: #50 posted on Thu, 09/06/2007 - 16:12


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