PDL ADDICTION
Date: Wed, 07/29/2009 - 09:43
After seing how much i lost in that venture i decided to never do that again. But two most ago, here we are again: medical emrgency for me and for my daughter, insurance covering just part of the costs. I went back to the "crime scene" again. Right now all my paychecks are just for those guys plus i started borrowing more pdl to pay the present one. Glad i found this sit, I really need some help and i'm ready to go back to grad school this Fall.
I live in Maryland; the company i'am talking about are: usafastcash, the summit group,salaryfast,paydayone, centralcash,vipshoploan,pack management, east side lenders, iadvance.
i did two paiements already on each account but i'm bleeding.
I wanna pay that money but i cannot at once so please help some advices and suggestions.
oh by the way 3 of those guys are old lenders to me.
Thanks in advance for you help .
Take a deep breath and remember that many of us are here for the
Take a deep breath and remember that many of us are here for the very same reason.
Could you list the state you live in and the PLD companies, how much you borrowed and how much you have paid on each. Also, are these internet or storefronts.
I live in Maryland; the company i'am talking about are: usafastc
I live in Maryland; the company i'am talking about are: usafastcash, the summit group,salaryfast,paydayone, centralcash,vipshoploan,pack management, east side lenders, iadvance.
i did two paiements already on each account but i'm bleeding.
(copied and pasted from my 1st post).
They are all Internet companies.
We need amount that you borrowed for each company and the amount
We need amount that you borrowed for each company and the amount that you have paid each company in fees.
PDL are prohibited in MD, unless they are registered as CSOs. Th
PDL are prohibited in MD, unless they are registered as CSOs. These CSOs are usually storefronts in most cases.
Quote:
usafastcash, the summitgroup, salaryfast,centralcash, vipshoploan,pack management, east side lenders, iadvance. |
ILLEGAL - Contact the MD Attorney General office to further get information and guidance. They MD AG has been very helpful to other members here.
Quote:
paydayone |
LEGAL - You need to contact them for a payment arangement ASAP!
I would also suggest checking the MD state laws on this site and
I would also suggest checking the MD state laws on this site and contacting the MD Dept. of Financial Regulation.
If they are illegal in MD I would close the bank account or put
If they are illegal in MD I would close the bank account or put a hard debit block on it. Then call all the PDLs and set up an EPP. If they are illegal you are only obligated to pay the principal amount borrowed with no interest fees, or rollover fees.
It sounds like you are to the point that if you dont put a stop to allowing the debits on your account you are just spinning your wheels. Thats why I suggest your secure your funds and make alternate payment arrangements.
Sounds to me that the OP has a bigger problem than PDL's. They
Sounds to me that the OP has a bigger problem than PDL's. They stated that they do not have the self control to avoid them. I would suggest that if you can keep an account open that you have a trusted friend or relative handle your finacial affairs. They need to be in control of the account and all documents need to go to this person. When you need money, you have to ask for it. When bills are to be paid, they write the checks. The PDL's are a sympton of a much more servere issue and you need to get it under control. If you do not have a person that can do this for you, contact you local Social Services Dept and they should give you a name or names to contact.
Thanks guys for the first tips. Amount already paid: Payday on
Thanks guys for the first tips.
Amount already paid:
Payday one ($200 paid $112); vipshoploan (500 paid 300); central cash (400 paid 208); salary fast (200 paid 60); the summit grp (250 paid 75); east side lenders (300 paid 180); iadvance (300 to pay on friday 90); usafastcash (300 to pay on friday 90) ; pack management (200 paid 60).
ok i will contact Payday one, what should do with the other guys?
Does someone has the MD AG office and MD Dept of Finance Regulation contact info?
Thanks
Google them fand you will fint the MD AG and DFI information onl
Google them fand you will fint the MD AG and DFI information online.
As for the Illegal lenders. READ this for information on dealing with Illegal lenders :wink:
Pay day loans
I have been on this Merry go round for several years. Today I have 4 outstanding. I have paid several collection agencies hundreds over the principle.
Impact loan 400 pd back 1070 still owe 200 principle 4/03/09
Ace 300. 180.
First America 700 installment 70. from my paycheck 140. thus far
Payday One 400. none paid
Cash Net Usa...Old payday loan...350. 1500.
ASTRA 161.25 x 2 ...I don't know who the company is...collection
National Service same thing 1508.67
Speedy Cash lump sum 322.50 not sure what the deposit amount was
I get paid tonight and I dread morning to see who debted my account. My check is direct deposit. If the amount is still in memo post in the morning...is it to late at that point.
Thanks so much
helpless in Louisiana, it would be so much easier if you would b
helpless in Louisiana, it would be so much easier if you would began a new thread with the above information included. It's much easier to locate information and reply to your threads if it is kept in one place. Thanks.