Help!!! Need out of payday loans.

langhornedebtsolutions

Hello cheyenne52883, you should reach out to Langhorne they are in the process of helping me wiht the Online payday loans and they are so great so far.

Links to companies is not allowed per the TOS - Goudah

You will find the Payday loan laws for California here (just select your state),

http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html


Here are the laws for you state. In order to get a refund you will have to know what you have paid to each lender
Please read the sticky regarding closing your checking account to prevent future ach debits, If you close it, we suggest opening a new account at an unrelated bank to be safe

I just went through and calculated what was paid:

1. Cash in a Wink - orginal loan was $300 and I have made payments of $937.50. I have another loan with them of $500 that I have paid $410 on.

2. BIG - original loan of $325 and I have paid $450

3. Loan Shop - original loan of $100 and paid $240 and another loan of $200 that I haven't made payments on yet.

Where do I go from here?????

I accidently logged out.

Hello....Nice job posting your PDL info.

Let me be sure I am clear...

you have 2 loans with Cash in a Wink and Loan Shop?

Loan Shop - I started out with a $100 loan and later got a $200 loan. Both are still being paid on.

Cash in a Wink - I had a $300 loan that has already been paid and then some. I then had a $500 loan from them that was actually broke into 5 $100 loans.

Ah ok....btw I am also in California.

Is your checking account still open? If so, are you able to close it? This will be the only way to stop them from debiting


Here is a link on our board to look over that talks about closing your account:
http://www.debtconsolidationcare.com/paydayloan/close-account.html

Second, need to get a letter to these pdl's telling them to stop calling and to revoke any potential wage assignments.

I will PM that letter to you.

My checking account is still open but I don't think I can close it. I have some chexsystems problems and don't kow if I can get another account.

Can I call my bank (Washington Mutual) and explain the situation and have them change my account info or have them stop all debits from these companies???

If I send a letter revoking the right to debit my account and cc the bank will that do anything?

One of our mods, goudah, ha some info on banks that typically open an account even with chexsystems...one of them I believe is US Bank. I will PM goudah and ask to have that info posted here.


I would definitely talk to your bank and explain the situation to see what they can do. Just a note...the PDL's will send debits under different names and sometimes send through a paper check if the debits are declined. These are their tactics....

Sending a letter telling revoking their right to debit will not completely stop them...as long as they have access...they will debit if it means they get their $$.

These pdl's will stop at nothing to debit your account....

Okay. Thanks. I will start by calling my bank and seeing if they can help me.

Is there a list somewhere or the places that are illegal/unlicensed?

I am checking on that right now for you...most likely illegal.

I have gotten tons of help from this forum. I have a letter that I am going to send to the PDL's.

If you could look it over I would appreciate it.

Looks Good!!

That sounds WONDERFUL!!!!!!

LADYBUG

YOur letter sounds great, but I have to second volley. Get your bank account taken care of because they will continue to debit your account. If you close your account make sure that incoming debits won't force the account back open.

Close your account, and ask Goudah for a listing of banks that will help you. Also, check the link below.

Here is the link to check if your Internet PDL has a Cease and Desist order against it. Look for it alphabetically. If it does, notify Department of Corporations for the State of California and also notify the lender.

http://www.corp.ca.gov/enf/info/dr/list.htm

Thanks PDl....I PM'ed the member that info last night but thanks for posting for all to see :)