Advice please

Date: Sat, 10/25/2008 - 12:08

Submitted by gcphelps
on Sat, 10/25/2008 - 12:08

Posts: 28 Credits: [Donate]

Total Replies: 15

Well, I have gained a lot of knowledge and courage to face my pay day loan hades. I never thought I could get so tangled up.
The store front ones I have almost paid off. It's the Internet ones that, as usual, are giving me the grief.
I live in Arizona. Below is a list of my creditors: (it's a long one too :oops: ) I have also included amount of principle and amount paid back as I know right now.

1.) United Cash Loan (800-279-8511) $300 loan, have paid $360.00 in fees through 4 renewals

2.) Cashnet USA (888-801-9075) $500 loan, have paid $300 in fees for several renewals. I did call these people since they seem to be the only ones licensed to do business in Arizona. They want to settle for $722.00 and I can make three payments, BUT they want my bank info.

3.) 500Fast Cash (888-919-6669) $300 loan, unsure what I've paid, still looking into it.

4.) Eastside Lenders (866-569-6636) $300 loan, paid $180 in fees for two renewals

5.) Money & More (800-397-3845) $255 loan, nothing paid on my end

6.) Payday Online (800-928-3161) $300 loan, paid some, but unsure of amount at this time.

7.) Impact Cash (800-707-0102) $300 loan, no payments by me

8.) Payco (866-575-0400) $300 loan. This one never sent me any copies of paperwork, claimed they were based and regulated by the laws of England. paid $90 on one renewal

9.) Fast Cash/Payday Loan Yes (800-550-6051) $350 loan made one renewal, looking up what I paid.

10.) Geneva Roth Ventures/Ambassador (800-351-8820) $400 loan, paid $240 total on two renewals.

11.) my cash now (866-392-2274) $500 loan, working with National Credit Adjusters to pay this one off for less than loan amount. Only regret is that I gave them my new bank info. I will say though that this is the only CA that has sent me paper work regarding everything surrounding this debt: the validation, our payment arrangements... so I feel more comfortable than I would otherwise. Still, that won't happen again!

12.) National Payday (877-807-4827) $300 loan, have paid $450 in fees on renewals

13.) MTE Financial (866-702-0267) $300 loan unsure of what I've paid at this moment.

yeah, 13 of them! I already closed my bank account and had a legal firm send out a revoke authority to debit (?) letter. Some of these firms are just down right crooks from what I've read. I am curious as to other peoples experience in settling with the above companies. Obviously, I cannot pay them ALL at once, some will have to wait a few months.
Should I contact the lender directly myself or deal with the CA? From what I've read concerning Arizona Law, I have to pay only the principle back, correct? How should I handle the ones where I've paid more than enough in fees already?
I am getting some calls at work, but it is a direct line to me and goes to voicemail. What bothers me is the calls to my Mom who is out of state. Can I issue an C & D letter to cover her? It is only a couple of them bothering her.

Thanks for any insight.