Got a PDL through Emerald Marketing. Live in NY. Freaking out.

Date: Sun, 06/12/2011 - 12:10

Submitted by fearless1219
on Sun, 06/12/2011 - 12:10

Posts: 5 Credits: [Donate]

Total Replies: 2

So stupidly I went onto mypaydayloans.com and applied for a PDL. I was short on cash and didn't know what else to do so I applied without thinking it through first. Ended up getting a 200.00 loan through Emerald Marketing. I felt ok about it first because the guy was explaining everything and gave me a contact number and everything, and then I received the loan information. So I thought they were legit. But then after looking on the web, I found out that one, in NY they're illegal, and two, this place has so many complaints against them and they're basically a huge fraud.
So this was Friday. The money hasn't been deposited yet so I think I already got scammed. But I don't know because it is the weekend. But no money has been taken out yet either. I was intended on paying the full amount of 260 when I got paid this Wednesday so the thing wouldn't get refinanced. But now that I've read tons of stuff about what a scam they are, I'm literally freaking out.
My biggest fear is that they're going to start calling me at work which I CANNOT have happen. I just graduated college and got a job in my field and have only been there for like 6 months.
What should I do? I know I will be definitely getting my bank account number changed and getting Identity theft protection, but should I contact the FTC and the BBB now or wait and see if I even get the money? If I do I just want to pay off the full amount at one time and be done with it.
I don't think I've been this stressed before. Couldn't sleep at all last night because I was worrying about it so much. Stupid stupid mistake on my part. I should've never even did it.

Call your bank....most have 24 hour customer service. Close the

Call your bank....most have 24 hour customer service. Close the account now. Or go into your bank tomorrow am....talk to the branch manager or personal banker....tell them that the funds are to be returned.

If you do keep the funds, you owe NO interest as they are illegal in the state of NY.

lrhall41

Submitted by SOAPLADY on Sun, 06/12/2011 - 12:56

( Posts: 17315 | Credits: )

Thanks for the help. The money was deposited this morning so I'm

Thanks for the help. The money was deposited this morning so I'm just sending it back to them. Just called the bank and notified them of whats happening and they're putting a stop to all debits/deposits except for my paycheck this week and then we're closing the account on Wednesday and I'm opening a new one. So least I'll have that all set.
As for EMG - I'm going to send them an email using that template that's on here and then report them to all the places everyone has listed on this site. So hopefully they won't contact me anymore and I can be done with this whole mess and will never have to deal with it ever again.
Thank goodness for this site tho. My nerves have been shot, but using all the info from here makes me calm down a bit because now I actually have a game plan on what I need to do, instead of being in the dark about it all.

lrhall41

Submitted by fearless1219 on Mon, 06/13/2011 - 08:00

( Posts: 5 | Credits: )