Are these PDL co's legal in Texas?
Date: Wed, 06/17/2009 - 09:16
PayDay One-I don't know if I owe them or how much they want, but I just got a call from them on my cell phone citing "an important business matter" and that it was not a soliciation call
AmeriLoan-forgot the original loan amount...but just set up pmt arrangements with them last week for $94.68/mo starting this month through Sept. They seemed to be friendly and understanding.
SpeedyCash-original loan was $500-not sure what they claim I owe now. They are still trying to deduct from my bank acct. I don't use the acct but still have it open. The bank doesn't pay it...but still charges me the $30 NSF of course. They try once a month to deduct.
I'm scared of course and just looking for some help. I have learned my lesson and feel bad enough I don't need any backlash like I have rec'd from other boards.
CashNet's debt collectors called and spoke with hubby this morning about the entire debt and all. He wasn't happy. Even though I had taken out the loans due to us struggling...he didn't know I did that because he is so against them. I understand his point and know now more than ever why to NEVER get them. I was just too ashamed to have to ask family for the loans...I didn't realize what a bad "trap" they were and how hard it would be to pay them back. Thanks in advance for any help! I don't want to go to jail or be sued! I can only pay about $100/mo so that is why I am paying Ameriloan what I can now...the others I just put on the backburner but not because I don't intend to pay. Sorry for getting so long winded!
anyone? Sorry....I'm just anxious to figure out what to do here
anyone? Sorry....I'm just anxious to figure out what to do here. How can a person find out if these companies are legal?
CashNet USA-loan was for $550-saying I owe $867.02-threatning to
CashNet USA-loan was for $550-saying I owe $867.02-threatning to sue
Cashnet is legal but Ameriloan is not.....How many payments have you missed with Cashnet?
The CashNet loan was taken out in September 2008. Should I se
The CashNet loan was taken out in September 2008.
Should I set up payment "arrangements" with them? I absolutely know that I cannot PIF at this time and wouldn't be able to pay more than $200/month TOPS! The lady that talked to my husband said she could probably get the amount reduced. I am waiting until after work to call her back. I have already set up the arrangements with Ameriloan so not sure what to do there.
You need to send speedycash a letter revoking authorization to d
You need to send speedycash a letter revoking authorization to debit your account or they are going to keep trying. Then you should show a copy of that to your bank. Ameriloan is an illegal lender and I would have placed them on the back burner first. How much did you borrow from Ameriloan and how much have you paid them so far? Payday one and CashnetUSA I know are legal and those are those I would be trying to pay off first. I was succesful in getting payment arrangments with both of them. I have not dealt with speedy cash.
Thanks for the advice. I wish I had known all of this before se
Thanks for the advice. I wish I had known all of this before setting up arrangements with Ameriloan. Is there any way I can set up a stop pay with the bank or something? Not sure what to do here. My pmt arrangements are $94.68 for 4 months with Ameriloan. I am still working on logging into my acct to see what the original loan was for...I don't remember offhand.