I have pdls and need help

I will go ahead and post your laws for you, there are a couple you have there that are illegal/unlicensed, what this means is you are only morally obligated to pay back the principal amount. I hate to tell you this but there is only one way to stop them from debiting your account, and that is to close it and make sure it will not be forced back open under any circumstances. Both of the pdl's lsted below are not licensed.
500fast cash 200.00
eastside lenders
Quote:

You do not owe Eastside lenders any more money, you need to email them and tell them the following:

-You have discovered they are not licensed.
-You are revoking wage assignments (give copy to your payroll)
-You are revoking ACH authorization.
-You are filing a complaint with the FTC, your Attorney General, and the BBB.
-You do not want them to make any further contact with you other than USPS or emails, also, you forbid them from contacting your employer, your references, family or friends.

Do this AFTER your account is closed. :wink:
Also inform them they are paid in full!

I'm pretty sure that all of your pdl's are illegal/unlicensed. I'm not sure about Fast reliable cash, anyone else know?

Thank you so much this is starting to help. I just feel so overwhelmed. I have no problem paying back the amount that I borrowed but its the amount that keeps coming out after that. Is it possible to do this without closing my account?

The only sure way to stop the withdrawals is to close your account. You should read this information:

http://www.debtconsolidationcare.com/paydayloan/close-account.html

If you can't close your account, you could put a hard block on it, but I'm not sure if it would be as effective. Hopefully, someone else will advise further.

Hiya shanshan, shoot these illegal pdl's with the following info that I posted, then inform them you will send payments via money order through the USPS (always send them certified return receipt), but in order to do so, you need a valid address to send the payments. No address, no payments, it's pretty cut and dry actually. And they can consider them self lucky you are willing to fulfill your obligation.
one click cash - You owed them $20.00.
500fast cash - They owe you $40.00
eastside lenders - You owe them $140.00.
paycheck today - You owe them $20.00

As far as your other loan with Fast Reliable Cash, I am not sure about them, hopefully someone else here will have some info on them. You do NEED to secure your bank account though asap! I recommend that you close it out, and open a new one at a different bank, once these companies have your account info, they will continue to dip into it. :D

I am afraid that if I close my account and everything that they will repeatedly try to contact me at work. What are the chances that they will do this because that could cause me to lose my job.

Also do I have to close my savings account to or can I just close my checking?

I have emailed all of the companies with the following
To whom it may concern at 500fastcash.com

I am sending you this e-mail to inform you of the following:

I have discovered that your company is not licensed and is not legal in the state of Michigan.
As of 08/06/08 I am revoking any and all ACH authorization and transactions made by your company to my account.
I will be filing a complaint with the FTC, Michigan Attorney General and the BBB.
I forbid you to make any further communication with me other than through USPS or email.
I also forbid and revoke authorization for you to contact my employer, my place of employment, references, family, and or friends.
My checking account is now closed. I have paid you over the amount borrowed and as I see it you are paid in full.
------------------------------------------------------

I also contacted my bank about closing my checking account.

I spoke with one of the companies and they said if they do not rec'v payment on Friday they will immediately send me to collections. Can they do that? Is there anything else I need to do right now? Should I contact all companies by phone to let them know my account is closed?

If you have already emailed this information to the PDLs, make sure that your bank account is closed IMMEDIATELY so that they don't go into it and try to get their money. Normally, it is better to secure your bank account before you notify the PDLs that you are revoking ACH authorization. Read the info. in the link I posted above to make sure that your account can't be forced back open and overdrawn.

I checked with my back and they said that once it is closed they will no be able to take any money out of it. They are closing it as soon as one things goes thru that is pending from my debit card. In the mean time this is what one of the pdl companies relied to me thru email.

Your account will need to be paid in full or the debit will continue until your loan is paid in full. We are an online payday loan company located in NE. You signed the contract and agreed to the terms of this loan.

Your current balance is $260.00. Your next due date is 2008-08-08 for $60.00.

I borrowed 200 from this place and have paid 180 so far. What should I do now.

Put an ACH block on your account until it can be closed (due to pending debits).

Send the company a copy of your state laws, and demand that they prove compliance.

File a complaint with the BBB, your state AG, and the FTC for improper business practice.

I sent letters and the next day I sent the same letter again with a copy on Michigans law (all thru email). I closed my account and they still tried to debit it but they couldnt. Now I am just hoping they do not call my work.

Not that they will necessarily obey your instructions, but did you include in the letter to only contact you via USPS or email, not to contact your employer, and not to contact your references?

Yes I did include all of that and they have started calling me today. Not only that but now they are telling me that I owe them over 300 and they are still charging me the 60 fee but since they cant take it out of my closed account they are just adding it on to the bill. When I tell them I am sending a money order they tell me that they only accept check, credit card, debit card, or money order. What do I do now?

Don't listen to them, send money orders ONLY. They try this tactic with everyone. :wink:

Tell them that you will ONLY pay by money order and that if they want to get paid, they will give you an address to send it to.

Yes I did include that but a few of the companies have already been calling me and now telling me I own them over 300 which is crazy. I again sent the emails to them today so hopefully they stop.

Shanshan, just don't give them anyone to argue with, stick to your guns and eventually things will work out.