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Ok, my husband and I have been looking at this sit

Date: Sun, 03/06/2011 - 18:00

Submitted by dtkreimer
on Sun, 03/06/2011 - 18:00

Posts: 5 Credits: [Donate]

Total Replies: 3


Ok, my husband and I have been looking at this site for a few weeks now and we have sent out our letter but we are not sure what the next steps are and what to do about the bank... We live in MD and here are the Internet PDLs with amounts:

Ace Cash (Advatage Cash) Ln $350 Pd $1075
Advance Me Today Ln $500 Pd $1310
Beacon Ln $200 Pd $178
CashJar Ln $275 Pd $770
Magnum Ln $3125 Pd $5549
CahNet Ln $8424 Pd $13424
JHS Marketing Ln $300 Pd $360
Manhattan Processing Ln $300 Pd $720
24/7Greenstreet (Northway) Ln $1640 Pd $1328
Payday Loan Yes Ln $350 Pd $210
Payday Max Ln $1440 Pd $1652
RedStone Financial Ln $400 Pd $1120
SCS (Everest) Ln $300 Pd $822
SGQ LTD Ln $300 Pd $450
VIPLoan Ln $300 PD $1498

We closed our account and opened another account with the same bank and since we have changed accounts the bank has posted 3 to our new account and when we talked to the bank they said that we could sign a form to get the money back but if the investigation shows we signed a contract with the loan company that it could me jail time for us. We are scared and not sure what to do. Have not received many responses and we are really trying to get some money back. We know we have to pay the ones we still owe at least the principal. PLEASE HELP!!!!


You need to close that bank account and go somewhere else, I don't care what the bank tells you about any contract, payday loans are ILLEGAL in your state and all of those loans are null and void.

Another thing, now that one illegal lender has found your new bank account they ALL have it, and probably every other Internet payday lender because ILLEGAL lenders share and sell account information!


lrhall41

Submitted by Shazzers on Sun, 03/06/2011 - 18:08

( Posts: 17344 | Credits: )


We could not close it until our paychecks went in because it takes 2 weeks for his payroll dept to change the direct deposit to a live check.

Also they dont have the new account info they bank just transfers it to the new account internally.

We have been playing phone tag with the MD Finance Commissioner, and hoping to be able to get with her this week.

Is there another letter or form that we could use to request refunds that has worked for other people. Also we are not sure which ones are CSOs.


lrhall41

Submitted by dtkreimer on Sun, 03/06/2011 - 18:12

( Posts: 5 | Credits: )