Texas PDL (Not yet defaulted -- need to work it out on my own)
Date: Mon, 12/15/2008 - 14:47
Anyway, I'd like some assistance on how to work it out myself, and not go through a PDL assistance company -- really don't have anymore money to give for fees for something I can do myself. These are not all of the PDL, as I said some we've recently renewed after paying off, and we are not in arrears on the loans listed.
Thanks in advance,
G.
Getcash911.com
Original Amount: $500
Amount Paid so Far: $625
Checkngo.com (Internet / Storefront)
Original Amount: $500
Amount Paid so Far: 750.78
Ameriloan.com (Internet)
Original Amount: $300
Amount Paid so Far: $860
Cashbanc.com (Internet)
Original Amount: $150
Amount Paid so Far: $747.60
Cashnetusa.com (Internet)
Original Amount: $1000
Amount Paid so Far: $1064.69
I can tell you that ameriloan isn't licensed to lend anywhere in
I can tell you that ameriloan isn't licensed to lend anywhere in the U.S., I would only pay them back the principal amount and not a cent more.
I hope the information below will help you. :)
You are only obligated to pay back the principal amount you borrowed from an unlicensed/illegal Internet Payday Lender.
[quote]
What should you do?
Close your account asap, if you are unable to close your account, go into your bank and ask to speak with the Branch Manager, tell him/her you need a hard debit block placed on your account immediately! Explain that you are revoking ACH authorizations from unlicensed/illegal companies, and have learned these companies are notorious for ignoring revocation, therefore it is important to BLOCK any withdrawal attempts on your account to protect your interest. This is your privilege, do not accept no for an answer. The following link will provide you important information regarding closing accounts. CLICK HERE
What next?
AFTER your account is secure send each pdl (the unlicensed and illegal) an email similar to THIS (please scroll down to locate letter template). Tailor this letter to your needs, and try to write it with the same basic concept in your own words. You will need to research and locate email addresses/physical addresses if you don't already have them, I suggest that you type the name of the pdl (example: "oneclickcash address") in the search box in the upper right hand corner of this forum. You may also search for addresses HERE at the Better Business Bureau.
File complaints: Most of the time, you can file a complaint online with the following, I encourage you to follow through with doing so, you will need to search the Internet for your state Attorney General's website, however, here are links to file complaints for the FTC, Online complaints: Federal Trade Commission., and the BETTER BUSINESS BUREAU.
Keep in mind that you may not receive a response for days, or even weeks, or, you may receive harassing and threatening phone calls. I have found the best way to deal with this is not to respond or reply, simply hang up.
Side note: If you have paid an illegal/unlicensed payday lender above and beyond the principal amount you borrowed, it might be a good idea to demand a refund and a paid in full letter/receipt. You may or may not get one or both. It still doesn't hurt to include that tidbit in your letter. :)[/quote]
As far as the other lenders, I'm not possitive but I am thinking
As far as the other lenders, I'm not possitive but I am thinking (at first glance) they are legal. If I were you, I would take care of the legal ones first. I've never personally dealt with any of them, but keep checking back for more responses. :)