Live in Arizona and have Online Payday Loans

If payday loans are illegal in Arizona, then it means that you'll only have to pay the principal amount on the loans. You won't have to pay interests or fees. Check if you have already paid back the principal amount.

If you're being charged more than 36% APR, the loans are illegal. You only have to pay principal. Anything you've paid can be subtracted from the amount they initially deposited into your account.

First step, close your bank account.

Follow the steps here.

So, if I go through with the above, putting hard blocks on the account because I have other payments pending for this account so I can't close, what is going to happen exactly? I don't and can't deal with harrassing calls at work period. Can they come after me? I know on some I have paid well over the principal. Can I unauthorize the charges that have posted already to my bank and have caused NSF fees (because I have an overdraft protection they were paid), as fraud or not authorized since it's over and not try to fight for a credit that I will probably never get? I just am scared of the consequences that may come from blocking some of these ... Please advise.

Here is what you need to do if you have not done so already:

1) Figure out how much you have paid to each company. If you have already paid the principal (the amount of the loan that you borrowed) your account should be considered paid in full.

2) Send out the ACH Revocation letter to the lenders. There is no such thing as a "hard block" it's an ACH revocation which means that you are revoking the rights of the companies to withdraw money from your account via ACH.

3) File complaints with the state attorney general against the companies.

I hope that this information helps!

There are several problems here. You're just going to have to figure out what you can and can't do.

If you stop paying, close your account or somehow prevent them from getting at your money, they WILL call. And, they'll call a lot. They'll call your home, cell, work and any references' numbers you supplied.

You can file fraud complaints with the bank and have fees and their debits reversed (if you've already overpaid) but, that will start the calls.

If you're willing to put up with the calls, they'll go away eventually. You'll need to explain to your friends/family/employer that you've been a victim of fraud. Period. They can't really hold that against you.

Also, securing the account via "deposit only" status doesn't always work either. Some of these illegals have been known to create a paper check and submit it to the bank for payment. Closing the account is the only sure way to protect yourself from future attacks.

It's up to you.