Help with ChecknGo/Plain Green Loans

What state do you live in? Plain green is an illegal lender. So you are required to pay them only the principal. Close your bank account asap to stop unauthorized withdrawal. You will be happy to know that illegal lenders won???t be able to take any legal action against you.

Which state are you from? ChecknGo legally operates in a lot of states and if you are in one of those states, you might need to pay back the loan along with accrued interest and fees. There are some states though where its illegal to refinance or rollover a payday loan. Ignore the harassing calls from Plain Green and file a complaint with the AG and the FTC.

Please list out all of the lenders (all 6) and how much you borrowed and have paid so far to each. Also, we need to know what state you're in.

Hello,

I have worked with both Check n go and Plain Green. It sounds like they are both installment loans. Check n go is licensed, Plain Green is not. Here is what to do:

Check n Go: Check n Go is legal in most states, and won't lend to unlicensed states, so it's a pretty sure bet your installment loan is legal there. YOu need to default in order to get them to work with you.

Once you default on your payment, collections will work with you to make your payment in four installments. They will work out a settlement with you after 60 days. Be persistent with the people at collections. I got a decent settlement, so hang in there. You technically need to miss 2 loan payments to get a settlement, but continue to work with collections throughout the process. They will want you to work out the first missed payment, then when you default on the next regular payment they will work further with you. Stay in contact and don't ignore them, and make sure you pay any amount you work out with collections.

Plain Green: They are not licensed anywhere, you only owe them the remaining principal which is $672.11. Re-send the ACH revocation/illegal lender letter to their customer service email, and let them know that you owe the remainder of the principal only and want to set it up in installments. They will claim they are not illegal and not a payday loan, but they will set up a payment plan and allow you to pay via debit card or money order. They will stop contacting you via phone when you tell them to, and are decent to work with.

I'd still like to know who these other 4 lenders are that you mentioned. You may be able to recover some of your over payments to them if they were also illegal.

I have an outstanding loan with American Web Loan, are they illegal? I am paying about 200.00 in interest per month to pay back an 800.00 loan, it is killing me as my principal never gets paid.

Did you do the same with both lenders? and do you know if they will honor ach revoke? I dont want to Close my bank account so I was just wondering

Me and my husband both have loans with plaingreen and it looks that the fees never end. I live in Florida what can I do.:evil:

add up what you have already paid to Plain Green including all interest and charges. subtract that from the original loan. if you have paid over, they owe you. if you still owe, email them and tell them you will pay the balance of principal only in x number of payments, starting x date.

I just went through it with them. they gave me 5 payments on balance, credited all prior payments to principal. They know they are illegal, have no standing in my state, etc. They would just prefer to get back their principal outlay and be done with me.

There is step by step info for dealing with these illegal lenders in the link at the bottom of my post.