Payday loans in Texas seeking help before Sept 1st
Date: Wed, 08/11/2010 - 17:19
Hello
I currently have 6 payday loans in the State of Texas, and have had them since around the beginning of 2005(with breaks in between). I have discovered that in the state of Texas it is possible to cancel the loan within 3 days and have used this in order to keep from paying any interest(i.e. by taking another loan at another place and cancelling my first loan), however it looks like I am about out of options(save selling my car which I am attempting to do).
I would also like to mention before giving more details about where and how much I've got out right now in loans in order to get some help that in the past I went to one of these places and they refused to allow me to cancel the loan except by signing the special form in the contract and mailing it to where it said to mail it. Since I was in the south of Texas and the office it was to be recieved at was in Dallas, I mailed it by certified mail and what happened was that it not only cancelled the CSO portion of the loan(where all the interest is), BUT also the corporate office was forced to send me by mail the CSO fee in the form of a check so that when the due date came I had the full ammount needed in order to get my check back. Of course that particular Payday loan company never wanted to do business with me again, but I leave this information here not quite sure if it would it would still work in case someone is in the state of Texas and believes it will help them.
I have a loan with: (Principal)/(Principal and interest)
Check N go $410 $500
Advance America $200 $240
First Cash Pawn $75 $90 Can still Cancel
CashAmericaPawn $250 $300 Can still Cancel
Ace Cash Express $230 $277 Can still Cancel
Ez Pawn $290 $347(?) Can still Cancel
Just want to mention I am on Chexsytems at around $3500 dollars and have tried to open a restricted account at Wells fargo by going in a branch but was denied. I have a netspend card I got at Ace, but was warned by a person at Payday loan Assistence that they still might be able to get any money I owe them with THEIR card. I am trying to sell my car at $1500 before I am not able to cancel my loans and only recieve around $650 a month to live on. I would be interested to know if it is illigal to close my Chase account before the first in the state of Texas and if anyone has the contact information/feedback for T&C, Langhorne(sp?), and or Payday Loan Assistance. Most of these places know me well, and maybe they would allow me to negotiate something with them, but I do not know. I appreciate any information people can give me on what to do.
Thanks
I currently have 6 payday loans in the State of Texas, and have had them since around the beginning of 2005(with breaks in between). I have discovered that in the state of Texas it is possible to cancel the loan within 3 days and have used this in order to keep from paying any interest(i.e. by taking another loan at another place and cancelling my first loan), however it looks like I am about out of options(save selling my car which I am attempting to do).
I would also like to mention before giving more details about where and how much I've got out right now in loans in order to get some help that in the past I went to one of these places and they refused to allow me to cancel the loan except by signing the special form in the contract and mailing it to where it said to mail it. Since I was in the south of Texas and the office it was to be recieved at was in Dallas, I mailed it by certified mail and what happened was that it not only cancelled the CSO portion of the loan(where all the interest is), BUT also the corporate office was forced to send me by mail the CSO fee in the form of a check so that when the due date came I had the full ammount needed in order to get my check back. Of course that particular Payday loan company never wanted to do business with me again, but I leave this information here not quite sure if it would it would still work in case someone is in the state of Texas and believes it will help them.
I have a loan with: (Principal)/(Principal and interest)
Check N go $410 $500
Advance America $200 $240
First Cash Pawn $75 $90 Can still Cancel
CashAmericaPawn $250 $300 Can still Cancel
Ace Cash Express $230 $277 Can still Cancel
Ez Pawn $290 $347(?) Can still Cancel
Just want to mention I am on Chexsytems at around $3500 dollars and have tried to open a restricted account at Wells fargo by going in a branch but was denied. I have a netspend card I got at Ace, but was warned by a person at Payday loan Assistence that they still might be able to get any money I owe them with THEIR card. I am trying to sell my car at $1500 before I am not able to cancel my loans and only recieve around $650 a month to live on. I would be interested to know if it is illigal to close my Chase account before the first in the state of Texas and if anyone has the contact information/feedback for T&C, Langhorne(sp?), and or Payday Loan Assistance. Most of these places know me well, and maybe they would allow me to negotiate something with them, but I do not know. I appreciate any information people can give me on what to do.
Thanks
P.S. All those payday loan
P.S. All the payday loan places listed in my previous post are walk-in establishments.
Click the link below and read my response to another TX resident
Click the link below and read my response to another TX resident with store front loans, some portions of it may help you:
http://www.debtconsolidationcare.com/forums/showthread.php?t=79444
