Help with payday loans in NJ

That depends on hpw pushy you want to get, read the link on how to deal with illegal lenders, maybe you can acquire some advice on how to proceed. CLICK HERE to find out how to deal with illegal lenders.

NJgirl all the name of the pdl companies that you have mentioned has been discussed here. You can type the name of the companies in the search box and read other members experience.

Thanks Bakerjon. I'll do that... I'm hoping that my obligation to them has already been met. I've paid WAY over the initial borrowed amts...

And fwiw, these are all internet lenders, so I believe all illegal in NJ.

Any help of what to do from here is greatly appreciated!! They're scheduled to deduct "fees" again on the 31st. I've already gone ahead and opened a new checking account... and plan on closing the old one before the 31st. What next?

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(I am NJGirl, but wasn't logged in for this entire thread...)

I've taken the following steps:

1) Opened a new BoA account
2) I plan on closing my current BoA account prior to the next withdraw date of 1/31

Steps to take next? (can someone tell me if I'm doing this right...)

3) Write C&D letters to my remaining 3 payday loans which includes:
- telling them they can no longer do ACH debits on my bank.
(do I need to mention the wage assignments part? All the work info I had provided was false.... IE, they don't have the phone number to my job... and all my supervisor info was also made up. I also don't want to goto my HR dept and say I'm blocking a wage assignment.. since I've overpaid on all my accounts, could they actually do that?)

- include how I've already met my financial obligation of the principal and in fact have overpaid.

- request the account be considered PIF, as well as request a refund for amt over the principle


On the letter I'm going to CC the Better Business Bureu, NJ State Attorney's office, and the FTC. Then mail actual copies to those locations.

Is there anything else I need to do?

You need to close your checking account BEFORE you send your letters. Once they receive letter, they will try to debit your account. I am in process of sending you the letter I sent to my payday loan via PM. You can change the wording to suit you, but close the account before you send them.

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Do I have to contact HR about the Wage garnishment part, if the work info I gave the Payday companies was incorrect?

I would just sent the pdls the letter I sent you via PM. If you gave them the correct company where you work, then you may want to notify them (just in case). However I don't think it will go that far. None of my pdls threatened to contact my employer after they received my letters.

Thanks Aubrey. And thanks for the letter template!

Different members on here have had success dealing with Fast & Reliable and Integrity Advance. So I feel confident I will too.

My other remaining "open" account is with PDLLoansCenter. At least that is who has been deducting from my account...

I "PIF" Star Cash last Friday... but I'm going to contact them too and see if I can get a refund of what I overpaid.

But I feel pretty good about all of this already :)

hello, i live in NJ too :)
please make sure BOA closes your account completely.. as in ACH will not reopen them. I have heard bad stories about BOA and I wanted to make sure nothing bad happens to anyone.
Keep trying for refunds, you never know! :) And keep us posted

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just keep an eye on it.. you are on the right track, keep us posted :)

Strangely, I just called PDLLoans Center and they just told me that my account is showing as PIF and that no further transactions are scheduled with my account or bank account.

Seems weird, but I'll take it?? Usually they tell you the balance, etc and what the next payment is... and this time, the girl looked up my account number and is showing it as PIF. Should I believe her?? (She had no idea I was going to do anything about the account etc).

I would ask them to send you a letter or e-mail confirming.

I asked them for this, and they said their systems don't allow them to do it. So I waited and called back later and asked a different rep... and she said their "email systems are down" and I would get an email later in the day. Hmmm...

Either way, my bank account is now closed, so if they were planning on doing something, it won't work.

But both times I called, both reps said I was showing a zero balance. I think when I called last week to get information, the supervisor I spoke to hooked me up. I told him I knew they were illegal in NJ, and that I've already overpaid. I also complained about how this is now the 3rd company that has "taken over" the account... and he couldn't find me in like 4 different systems. And so whatever. I'll take it :p

Update!

I sent my letters yesterday morning to my remaining 3 Payday lenders.

PDL Loans Center/RBV told me earlier in the week that they were showing me as a zero balance and account PIF. When I asked them for it in writing, they told me they couldn't do that... "their systems aren't set up that way?" I sent them a C&D letter anyway, asking for a refund. I figured it didn't hurt to try...

Fast & Reliable - they sent me a refund letter today, along with a release document to sign... Less than 24 hrs, that was fast :p

Integrity Advance - no response yet

Either way, I'm super happy. thanks again to this great site!!

thanks for the update :)