A shameful person asking for help with pdl's
Date: Sun, 10/12/2008 - 14:56
Integrity Advance - $500/paid 650 yes and still owe 450!
Cashnet usa - $900 - Paid $0
Cashadvance.com - 400 - paid $0
Cash Central.com - $300 - paid $75
Geneva Roth - $500 - paid $450
I also want to know what are the consequences of me closing my checking account before they get another chance to charge me? I assume they will call me at work non stop and harrass me but can I do this and then pay them off one by one?
Please help, I truly appreciate any incite anyone can give me
Thank you!!!
I am in the same boat. I have 5 I am dealing with and to be hon
I am in the same boat. I have 5 I am dealing with and to be honest, I have found myself in a real mess. The first step to getting out of the trap is posting on this site. When I first got here, the one thing I was told was to stop any direct deposit you receive from your job, so then u can have some of your paycheck. I was falling so behind with my important bills trying to pay everyone interest, its was not good. Once I got control of my paycheck, I was able to sleep at night. I was also told to either close the account or get a hard debit hold placed on it. Also, mail(certified) and also email revocation letters. There will be someone along who can explain it better than I can. Also, be prepared for the phone calls! Sometimes they can be vicious but be confident and don't let them intimidate you. With work and patience, we are going to conquer this.
I also forgot to mention that I live in Minnesota sorry...
I also forgot to mention that I live in Minnesota sorry...
Here are the State Laws for MN
Quote:
Minnesota State Information Legal Status: Legal Citation: Minn. Stat. ???? 47.60 et seq. Loan Terms: Maximum Loan Amount: $350 Loan Term: Max: 30 days Maximum Finance Rate and Fees: $5.50: $0-$50; 10%+$5: $51-$100; 7% (min. $10) + $5: $101-$250; 6% (min. $17.50) + $5: $251-$350 (After default: 2.75% per month) Finance Charge for 14-day $100 loan: $15 apr for 14-day $100 loan: 390% Debt Limits: Maximum Number of Outstanding Loans at One Time: Not Specified Rollovers Permitted: None (cannot repay with proceeds of another loan by same lender) Cooling-off Period: Repayment Plan: Collection Limits: Collection Fees: $30 NSF fee Criminal Action: Where to Complain, Get Information: Regulator: Minnesota Department of Commerce Address: Division of Financial Examinations, 85 7th Place East, Suite 500 St. Paul MN 55101 Phone: (651) 296-2135 Fax: (651) 296-8591 Regulatory Contact: Kevin Murphy,, Deputy Commissioner Regulator Website Licensee Database Complaint Instructions Complaint Form Link Online Resources |
Just remember you are not alone we are all in the boat with you and we will all get through these troubled times.
Karin
