Laid off from work - Help with PDLs

Please list for us who you have loans with, the amount you have already paid each (fees and principle as one total) ,Are these loans store front or internet, and let us know which state you reside in. We will be able to help you, Do not be afraid.

Chris, Welcome. Would you please post what state you are in, whether you have internet or storefront loans, the names of the companies, how much you borrowed from each and the total of what you have paid each company. (example: Cash et - borrowed 200 - paid 300)
Listing these items will assist us with helping you

Kash - on your coat tails this time.

I hope this one comes back. I have had a lot that just drop off the site after posting lately.

Yeah Frog, I have noticed that also. I wonder if they just cant find their way back. I mean they ask for help and we offer it. I sure hope Christina finds her way back to us.

Me too!

Well I have 5 online advances. 4 are online and one is in store. I am in the state of Texas.

They are from :

SJM Marketing Loans-(Online) 250.00
75.00 interest fee

Geneva Roth Loans- (Online)250.00
75.00 interest

Check N Go- (Online)300.00
75.00 interest

OSL Marketing loans- 250.00
75.00 interest



Quick cash- 300.00(Instore)
75.00interest

Welcome back . I willpost the Payday loan laws for Texas here (just select your state),
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html

Christina, I see you posted the fee amount. Please list for each loan what you have paid back. add the fee and what ever you paid in principle as one total for each loan

Actually I have paid, 200.00 to Quick Cash, this is just interest fees of course, and I have paid Check n go 107.00 , lat4 fees also.
The other loans are new, my payments arent due until 10-12. I was gonna pay them as I promised, but I just got laid off Friday. This is why I wont be able to pay them. I was even thinking about closing my checkings account cause I cant afford the NSF fees if they try and take out money that isnt there. Is there anything I can do?? this is so embarrassing. But i have no where else to turn to.

Please do not feel ashamed. We have all been where you are now. Please read the sticky at the top of this forum regarding closing your account. Your laws do not give specific info , as to prosecution. Be sure that is ok to close your account before doing so. If you do close it , we suggest opening a new one at an unrelated bank, just to be safe.

I am so sorry you got laid off! It is a difficult thing to go through. You need to pull the money out of your checking acount and close it before the next ACH attempt. Reopen another one at a different bank for now. Then start dealing with these places on your own terms. You can ask until you are blue in the face but they will not stop hitting your account. You are going to have to hang on to your money for necessities. Are you eleigible for unemployment compensation? Some states will pay for schooling if you need it while you are collecting if you want it. I have gone through lay offs and you will find out how creative you can be finding ways to earn extra money. We can help you with that too! Just start a new thread on how to earn extra money while not working. You will have the time to explore new possibilities. Try to turn this into a positive experience. Look for that new door that will open for you.

Yeah, that was me above. I got logged out again!

Frog you are very kind and wise. Christina, do not feel bad. We all came here becuase we had no place else to go and were at the end of our rope. We will do everything we can to help you. Please do as Kash and Frog said and take care of your bank acount begoer they debit again.

I am sorry to here about your situation. Rest assured that we will help you and give you all the support that we can.

Hi Christina! Welcome to the forum. I know you are in a difficult situation right now, but things will get better. I am sorry to hear of your layoff, but frog is right...start a thread on here and I'll bet you come up with all sorts of ways to earn extra money. But, first things first...get that checking account closed if at all possible. It will be much easier to deal with these people if you have the upper hand. AND believe me, when you cut their access to your money, you will definitely be back in charge. Please register. This site is a great source of support. :-)

Hang on. Christina has a storefront pdl. This storefront has an actual check from her. She needs to find out what will happen if she closes her bank account with an outstanding storefront check. In some states it's a big problem if they turn your check in to find the account closed. The store front pdl needs to be addressed first.

Also please be sure that you keep in close communication with the PDL companies in writing as Texas has laws where you could be prosecuted for closing your account if they can prove it was fraud, which it is not. But if you become evasive it will appear that way!

Where can I check and see if it is legal for me to close my bank account to stop those withdrawals from the pdls?? Can anybody help me??? I do really appreciate everybody's help. Oh one more question, can I go to jail for not paying these loans on time?? That is my biggest worry.

Christina, because your laws are not dpecific regarding legal action, i would contact and ask the banking dept, the Ag office, or any one else that may have that info. Chances are its ok, but be sure to check as the state laws are vague on this

Oh, I did inform some of the banks already and notified them that i was laid off and if I can mail in my payments, and two of them were okay with this, but as I have read in previous subjects, Check n Go does not allow payment arrangements. I also read that geneva roth can get my bank info, Im afraid now.

I do plan on paying off the storefront pdl with my last paycheck. So I dont plan on worrying too much about them, plus they are very nice people, they have worked with me before. Im just worried about the internet pdls.

Don't worry about Geneva Roth getting your bank account info - It's very rare that it happens.

I just called check n go and they told me I need to make a payment by mail but I need to call and give them a reference number on the day that my loan is due, and If I dont they are still going to try and withdraw the money. I told them I was going to be closing my checkings aocount. I cant afford to pay them the full 425.00 with my last check. Whats the worst that can happen?

Since Check n Go is a legal loan, the worst that can happen is you end up being sued, a judgement is entered against you, and your paycheck is garnished. But that is the WORST case scenario. If you make payments to them odds are good that they will not go and sue you.

Ijust received a email from one of the pdls and they told me if i revoke authorization or close my bank account, my account will be sent to a collection agency and they willnot deal with me anymore,this loan is from SSM(internetpdl). Im confused though, what is revoke authorization and how do I do it?

You revoke their right to debit your account. Send this in writing. I e mailed mine. Revoke (take back) any wage assignments you may have signed

Does it work the same way if I were to email it???

Always communicate by certified mail so you have documentation. Emails are usually ignored. If you should get another job soon, and I hope you do, do not say anything to your lenders or they will start becoming more aggressive again.

What should my letter say?? Is there a templae or something I can use?? I want to send these letters out today if possible. Should i send one to Check N go???

christina, we can help you. Do you have your storefront pdl taken care of? So that they will not turn your check in to the bank? Did you make arrangements with them? If not, please do that now. Your check 'n go that is legal - you have contacted them regarding payment. Just make sure they get a payment. If they can't get it through debit, just make sure they get it somehow. Just don't "not pay it". Send them payments. When you send them, call them and tell them you are sending xxx dollars that day. Keep in communcation with them. Anyone who is legal/licensed, keep up the communication so you won't get into trouble. Okay? Geneva Roth is not licensed/legal. They are going to "mess with you", but they are illegal. I do have a letter for you to send. I personally have emailed/faxed/mailed all my pdl's. Email usually gets you the first response. I just do it all. But when using mail, send it certified. But also go ahead and email it and fax it also. Cover all bases. Now, I do have a letter that you can use. However, here is the problem. You need to register as a member. You can register as just a member. You don't have to register for the free consultation if you don't want to. But in order for me to send you anything, you need to become a member. Once you do this, we can send each other messages. And I can send you a letter to help you. Okay. See if you can register as a member. I'll be checking back. Then I'll tell you how we can send messages to each other. Okay? Try it and I'll check back and see if you're registered. :D

What kind of a response did you get from them when you emailed them the revoke authorizations??? I was reading about SJM from another posting, and I have an account with them also. But I did email them and explained my situation to them, they send me a response saying i could mail in my payments and if icould not pay the full amount it was okay i just needed to let them know how much and dates that i was going to be sending them. They gave me a west indies address to send the money order to. Do you have any inof on them? they wer reallynice it seemed.

chris, I see you registered. Great! :D Now, as far as your "west indies" friends, they are so illegal. So very illegal. So incredibly overseas illegal. Okay. Sure they seemed nice. Because they are going to take you for more money than what you borrowed. They are using SMJ as thier name?

Yes they said they were sjm, thats what the name was also on my bank deposit. But yet their emails say platinum, i am confused. So what do you recommend I do?? Do I notify the bbb or AG??? Im worried about my identity.

Chris, sometimes they operate under more than one name. I believe if they are overseas, you can file with the Federal Trade Comission and the AG.

Well I just closed both my savings and checkings account with my bank, now Im gonna try and email letters stating that i need to make a payment arrangement and to revoke authorizations.

Good job, be sure to send them usps certified so they can not say they did not get them I also faxed mine.

SJM Marketing
P.O. Box 558
Shawnee Mission, KS 66201
Telephone: (866) 722-2770

Platinum B Services
3600 Forest Dr Ste 100
Columbia, SC 29204-4057
Telephone: (866) 722-2770


Platinum B Services
3600 Forest Dr Ste 100
Columbia, SC 29204-4057
Telephone: (866) 722-2770

Geneva Roth Ventures II
PO Box 2643
Kansas City, MO 64196-
Telephone: (800) 351-8820

Geneva Roth Cap AKA Express Loans
P.O. Box 148
Shawnee Mission, KS 66201
Fax: (866) 403-1256

I can't find anything on OSL Marketing. Do you have contact information for them?

Also, I received your pm. I'm going to send one to you to be sure we are "connecting". Let me know if you receive it. :D

If you have any questions regarding the pm, please post or pm. :D

I just received a reply from SSM Marketing regarding my revoke authorization letter. it is as follows,

Quote:

Hi Chris....did you have the loan through SJM or SSM?

I think chris has one with both. I can't find squat on this one. I'll search some more.

Can't find a darn thing on SSM. Anyone? Help, anyone?

Chris-What is the address for these people??

With regards to the letter...the line that sticks out in my mind is "....it is in our opinion"....OPINION. So in otherwords the FEEL that the pdl laws do not apply to their "..internet business model"..you mean internet rip off model?


Their letter is subjective AT BEST! Do not be scared....it is a scare tactic. They quote Reg Z and Truth in Lending..that applies to the forms and anyone can download those forms from the internet. They are not special because they use them.