PLEASE HELP!!! I am DESPERATE!!
Date: Mon, 05/11/2009 - 17:07
City View cash-390 paid 90
United Cash Loans-260 paid 120
Payday Loan Yes-455 paid 315 (I believe)
E Payday Loan-260 paid 120
Payment Direct-289 paid 89
Green Light Funding-260 paid 0
Check n Go Online-310.97 paid 0
I live in MS. I do not really understand the laws. What should my first step be? How should I handle this? Should I contact Progressive and see if they will attach these other loans too? God knows my payment would be astronimical but it would probably be less than I am paying now. My account with Suntrust is 385 overdrawn. They will not let me open a new account. I don't know if anyone else will, because my previous checking account went degratory. I'm scared to close this account, because I won't be able to get another one. What should I do???!!! I'm so embarrased and so scared. I get physically ill thinking about having to admit this to my boyfriend. We live together, and money is tight enough as it is. This will just make the situation 200x worse. I've had them to stop direct deposit on my paycheck, just so I can have grocery money. How many times will these PDL's try to debit before I'm turned over to a collection agency? Please I'm sitting here in tears because I don't know what to do!!THank you so much for any and all help.
I forgot to add that today I got a letter from Express and Advan
I forgot to add that today I got a letter from Express and Advance america...these are two storefront's I have under Progressive. The one from Express was sent certified. They both basically said they were going to pursue civil collection matters. Does this mean arbitration? I'm scared! Progressive says "Oh theyw ill work with us, but they are going to say they won't"
The link below are your payday loan laws, MS requires an interne
The link below are your payday loan laws, MS requires an internet lender to be licensed in your state.
http://www.paydayloaninfo.org/state_detail.cfm?id=MS
City View cash United Cash Loans Payday Loan Yes The three
City View cash
United Cash Loans
Payday Loan Yes
The three above are ILLEGAL lenders, this means they most likely will not negotiate in any way with Progressive. I am assuming Progressive is a Debt Consolidation program? Even still, illegal lenders simply will not negotiate, they charge outrageous interest rates/fees/etc., and they don't follow the law. CLICK HERE to find out how to deal with illegal lenders. I would let Progressive handle the legal lenders though. I am not sure about the rest of your lenders besides the ones named above and Check n Go (which is legal). Would you mind explaining what Progressive is? Thanks!
By the way, you really need to speak to the Branch Manager and p
By the way, you really need to speak to the Branch Manager and put a hard debit block on that account, because these illegal lenders will not stop attempting to debit your account no matter what you say or do. The best option would be to close it out completely. There are other banks that are an option. Just read the banking section in this forum and see if there are any banks that might allow you to open an account.
If you type the name of the lender in the search box located in the upper right hand corner of this forum you can read about the other lenders and research them to see if they are legal. You can also check your DFI website to see if any of them are licensed.