Really need help, pay off myself or Langhorne?

How much have you repaid on each?

That is the remaining balance, I've paid done some of them from their original amount, but it has been mostly finances fee each payday.

OK...please list the original amount borrowed with no fees added and how much you have paid back on each loan.

Thanks for the help.

Here is the original amounts and paid to date

CashnetUsa.com - $950 - Payment $450.00
Cash Central - $600 - Nothing paid to date yet
Mycashnow - $500 - Paid them $287 (all fees)
United Cashloans.com - $300 - paid them $270 all fees.
PaydayOne - $500 - $352.87

I just called Langhorne but since all my loans came from stores, they told me it wouldn't make sense to pay their fees since they would probably just get payment arrangements instead of settlements. They said I could do that myself and save money and told me to check out this site for help. At least they were honest. I keep reading about something called an EPP thats supposed to be a way to pay stores off. Can someone explain what that is?

Should I close my bank account? Is that really the best option for me right now? I am confused on what to do? I just know that I cannot afford paying these fees, I cannot put a further "dent" into any more principle.

Pennsylvania is tough because until a new policy goes into effect in February, the Department of Banking considers any loan "legal" as long as the lender is licensed somewhere. Worse, neither the Banking Department nor the AG has EVER taken action against any unlicensed online lenders either.

So what is your suggestion Freaky Friday? To investigate what a firm like Langhorne can do for me?

I started with Langhorne in October and it has worked out great so far. They settled one of my accounts from $560 to $150 and another one "forgave" my debt completely - 5 more to go. I have only a few calls a day now and I just ignore them. Their fees are only high in the first couple of months then they drop off and you save the money they use to settle yourself. And compared to what I was paying each payday - it is nothing. Hope that helps and good luck!

How quicky did it take Dana? Meaning did you start, sign up, and have the next wave of loans be paid through Langhorne payment or does it take months to set up?

The last wave of loans that came out of my account was October 1st. I closed my bank account and then made my first payment to Langhorne on the 15th of October. They sent out letters to all my "lenders" 3 days later stating that they now represented me and that they were not to contact me directly. Most have abided by that. The one company that "forgave" my debt did so within 30 days. My first settlement was with PayDayLoanYes and they just settled that one in the last week. Everytime I get an email or a call I just forward the email or take the number and give the info to Langhorne. They have their legal dept take care of it for me. Langhorne does not pay the lenders directly. I will send my payment via Western Union and then send Langhorne the proof. They will get the paid in full notice and send it to me for my records.

Can someone tell where there is a site where I can find what lenders are licensed and which are not in PA?

None of them will be licensed in PA since PA doesn't issue licenses. But PA recognizes licenses in other states as allowing lenders to make loans to people in PA - at least they will until the new policy goes into effect in February.

I know that CashNetUSA, Cash Central and Payday One are all licensed in other states.

my cash now uses a Grenada license but their call center is in Tennesee.

United Cash Loans is a scam. The owner and the call center are both in Kansas, but they give a percentage of each loan to an Indian tribe and claim the tribe is the "real" lender. California and Colorado are suing their **** and other states have cease-and-desists against them.

Don't know much about Biggest Cash except that they have a mail forwarding address in Las Vegas.

[color=Red]****Adult term removed - Jason[/color]

So do I fight to only pay the principal and the PA allowed fees? I am sorry for the ton of questions, I am just freaking out here how this has snowballed on me and looking for advice.

It's worth fighting, even if the PA authorities won't help. None of these companies has any history of suing people (although, again, I don't know much about Biggest Cash Advance). The only question is whether you have the stomach to deal with all those calls, etc., because they will try to hound you for a while to get the full amount they claim you owe. If not, you could try Langhorne or some other settlement company but you should do a little cost-benefit analysis before doing that. If you are convinced that between what they save you on the balances is more than what you'll have to pay them in fees, it's worth a shot. Otherwise, do it yourself.