Too Many Payday Loans

You aren't alone. I got myself in a similar situation. You have made a great first step coming here. The advice I have been provided thus far about how to cancel wage assignments and the ACH autodrafts has been invaluable. I would recommend doing a search on both to get started.

This is the place to find help - they have helped me greatly with my pdl's. If you go to the first page the stickys at the top will lead to the info you need. You also need to tell us what state you are in and how much you have paid on these loans.

The laws for your state are

rkansas State Information

Legal Status: Legal (Applies to check cashers only)

Citation:
Ark. Code. Ann. ?? 23-52-101 et seq.; Ark. Const. art. 19, ?? 13

Loan Terms:
Maximum Loan Amount: $400
Loan Term: 6-31 days
Maximum Finance Rate and Fees: 10% of check + $10; $5 ID card
Finance Charge for 14-day $100 loan: $22.22
APR for 14-day $100 loan: 579%

Debt Limits:
Maximum Number of Outstanding Loans at One Time: One per location
Rollovers Permitted: None (cannot renew or consolidate)
Cooling-off Period:
Repayment Plan:

Collection Limits:
Collection Fees: NSF fee; Court Costs; Reasonable Attorney's Fees
Criminal Action: Prohibited (Unless check returned due to closed account and stop-payment by maker)

Where to Complain, Get Information:
Regulator: Arkansas State Board of Collection Agencies
Address: Division of Check-Cashing Companies, 523 Louisiana Street, Suite 460 Little Rock AR 72201
Phone: (501) 371-1434
Fax: (501) 371-1440
Regulatory Contact: Peggy Matson,, Executive Director
Regulator Website

There are a few of your lenders who aren't licensed to lend to Arkansas residents. I need to go through them and weed them out. I may not be able to get back to this thread until later this evening because I have a little league game to attend, but I will do my best to leave SOME info you can read before I have to go. First, click on the link below to view Arkansas payday lender laws.
http://www.paydayloaninfo.org/state_detail.cfm?id=AR

Arkansas allow an internet based payday loan company to lend legally as long as it is licensed in any US State. They would need to follow the laws of the state they are licensed out of, not the state the consumer is in. The key is finding out what state your lenders are in, then searching for that particulars states lender laws.

CLICK HERE to find out how to deal with illegal lenders. I need to do some research on the rest of your lenders but I don't have the time right now. Meanwhile, you might take on that task yourself, just type their name in the search box located in the upper right hand corner of this forum, read through some of the threads that other members have started to find out who is legal and who isn't, you can also locate addresses etc. this way.

Shamrock Mktg is a payday loan company located overseas, they are illegal.

fastcash-advance (also known as Payday Yes) Illegal
Pay Day Yes
501 Silverside Road Suite 125
Wilmington, DE 19809
Phone Number: 888-468-050
Fast cash
1-800-328-3931 Phone number

Web Payday is not licensed to lend anywhere in the U.S.
WebPayDay
320 West 200 South, Suite 350-B
Salt Lake City, UT 84101
Phone: 1-800-814-5451
Fax: 1-800-814-4960

hi, I saw that you had National PDL. I just dealt with them, meaning I sent them an email stating that I was in financial distress and demanded that they close my account and consider it PAID IN FULL since I gave them almost double the amount I borrowed. I got a response and they did just that, marked the account paid in full. I did the same thing with another payday loan with the same results. Maybe you can do the same thing with some of your payday loans.

Kingston is also illegal.

inmyaccount.com are scammers... will continue to take money out of your account.

i need to contact this company and can not find their contact info anywhere does anyone have the phone #!!!???

I too, have fallen into this trap. Between my husband and I we have 5 payday loans ( 4 internet loans and 1 store front). We live in North Carolina where payday loans are illegal. The one I have in the store front loan place, the check has been returned due to NSF and we have since closed this account because we just couldn't keep paying these charges any more. My question is can I be put into jail for that check being returned to the store front loan place, it is located in Cana, Va and I live in North Carolina. I want to repay the loans but don't have all the money to do that right now. Also, the one loan my husband has is with Web Payday and according to their website they are no longer making new loans and it lists a number to call if you have an outstanding loan with them. What do I need to do?

Hello, all! I've been researching on this site for the last few days and I HAVE to thank Ali333 (I think) and Shazzers for your invaluable information. Long story short, I'm in Arkansas and had the following:
Date "Lender" Loan Amount Repaid to date
4-15-09 inmyaccount.com $200 $560
4-21-09 unitedcashloans.com $300 $650
4-21-09 lazerlending $200 $520
4-22-09 prestigegm.com $200 $645

I spoke with my bank and completed ACH revocation paperwork with them. I made sure ACH transactions couldn't force through anyway. I used the letter found on this site, embedded AR laws, tweeked it to suit my situation and started faxing and emailing YESTERDAY. I just got this email:

Your loan w/Vince Enterprises is forgiven
Tuesday, July 14, 2009 3:16 PM
From: "Steven Capraio"
To: [email]tryumphant1@yahoo.com[/email]

I received your threatening letter. Your loan is forgiven.

Respectfully,



Steven

877-878-2700
ONE DOWN, THREE TO GO!!! THANKS 2 EVERYONE!!!!

very cool! doesn't it feel great?

i am looking for the phone number and address to contact about my loan if anyone know or has this information please let me know desperate in oklahoma thank you

Try doing a search in them. Hust type in the name of the company in the search box located in the upper right hand corner of this forum. Try typing something like: "paydaymax address".

YESSS IT DOES FEEL GOOD!!! And, since it was that simple tells me that these leeches know they're wrong to begin with! I have LEARNED, honey and this won't EVER happen again!

I keep having trouble logging on. Anyway, I got a response from the complaint form I completed with my AG's office. The following is what she said and, I'm in Arkansas:

I am the investigator that is assigned to your complaint regarding United Cash Loans. Our office takes the position that these loans are voidable and unenforceable because of the usurous interest rate. We suggest that people close out their accounts if the companies are taking money out, like United Cash is doing. It will not necessarily stop them from trying to collect, but it is highly unlikely they will. We do not know of any payday loan company that has filed any legal action to further collect. I am sending letters to both addresses today. I will forward you their response when we receive it.

Yay! Voidable and unenforceable - KEY WORDS! Tell them (United Cash Loans) to go piss up a rope! :lol:

I LIVE IN NEW JERSEY AND I NEED THE PHONE NUMBER TO CONTACT NATIONAL PDL SO I CAN CALL THEM TO SEE WHAT MY PAY OFF AMOUNT IS.....CAN ANYONE HELP ME PLEASE!!!! THANK YOU

Payday loans are prohibited in N.J. All you are responsible for paying them is the principal amount borrowed. CLICK HERE to find out how to deal with illegal lenders.

866-213-0379
www.national-paydayloan.com
That's the info I have on my paperwork with them. Hope it helps.

Does any one know how to get in contact with Grenterprises10. I can not find out who gave me the loan except on my account it says"GRENTERPRISES10"

I live in NC and have gotten myself into a hole with these payday loans. I currently have 4 and with the rates they chanrge are unable to pay the full amount all at once. I have several NSF's from my bank each week from where they try to pull the money out several times per week. I am afraid my bank account is going to get closed. Does anyone know of any payday loan consolidation places or where I need to go from here?

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If anybody has the phone # for "National PDL" please let me know!! thank you!!

Does anyone know the phone number for national PDL?

My records show: 866-213-0379
fax: 866-213-0356

I too have 3 pay day loans plus one online from Zip 19

Can Zip 19 detach my wages if I close my acct and not allow them to auto deduct?

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can you give me their email information....thanks

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I need the number please I cant find them

I had several of the loans and finally had to close the accounts because of the amounts they were taking out and never closeing the loan I have been trying to settle but now find me in a suition that a company called when I asked them to send me an email showing it had been paid off I never received it and to tell you the truth because of the broken english he spoke I could not understand the name of the company and then they hit the account from a company by the name of Jacobson & Assoc which I did not reconize for $302.80 so I disputed and closed the account.