Payday Advance loan horrors

I think that you should first check whether the payday lenders are licensed in your state or not. If they are not licensed, you are liable only for the principle amount borrowed. However if they are licensed, you need to pay them the interest and finance charges too. You can contact your creditors directly for a payment plan and pay off the debt or go for a debt consolidation company. You can also go for free counseling from the community experts.

try town and country acceptance in birmingham,al. they are one of the only companies that handle payday loans. dont know if they operate in your state but i would try them. you can get their info at bbb.org.Also, call your bank and ask them to stop all drafts from being cleared.

You also need to close your bank account ASAP, get a new account and do NOT under any circumstances give anyone the number, because they will start hitting that one as well. This is the only way to get control of your money again.
At that point, work out who is legal, who isn't and develop payment plans that you can live with to pay back what you legitimately owe.
Talk to your bank and tell them that you are the victim of fraud, so hopefully they will waive some of these charges.

mikewolcott77 please list the name of the PDL companies and amounts borrowed and paid towards each. Also what state are you in?

Reason being they may not be licensed to lend in your state and you may have overpaid them already :wink:

Option one you can close your account or open a new one. Option 2 my checking/savings account representative NOTARIZED a letter from me stating to the the check cashing company. If you continue to try to take money from my account that you will be charged for any fees that may accrue from them withdrawing from my account. Also you can send them a fax make sure you get the confirmation number or certified letter for them not to contact you anymore. Tell them not to contact you by mail, ups, fed ex, dhl, certified mail or your employer by any means you can think of possible. Contact your BBB also and check online about the Fair Debt Collection acts.

If they continue to still harass you call your local police dept. and file harassment charge. I did! Never heard from them again.

jazzsie1 the police dept will do little to help the OP with their bank account. The OP does need to secure their account first. Next would be to contact each PDL company with a proposal to settle the loans owed. This is why he/she needs to list the loans and amounts borrowed from each.