Need a way out from PDL HELL
Date: Wed, 06/24/2009 - 23:10
BTW, all of my loans are through the internet.
I currently have loans with:
Oneclickcash - $300
cashnetusa $593.75
ezpaydaycash $195.00
fastmoney911 $877.50
checkngo.com $450.00
greenlight funding $182.00
ameriloan $260.00
instantcash $400
accell $300
loanshack - $184.32
mypayday loan $650.00
usapaydaycash
acecashexpress
I have been paying on most of these for months except the bottom 3. It is a vicious cycle and it has gotten to the point that I am getting behind on all my other bills.
Any advice would be greating appeciated.
Thank you!
First of all you need to know that you cannot be arrested for no
First of all you need to know that you cannot be arrested for not paying debt.. have you gone through your state laws
Firstly, defaulting on your debt is not considered a criminal of
Firstly, defaulting on your debt is not considered a criminal offense and so you cannot be arrested for that.
Secondly, the creditor cannot garnish your wage till they sue you to the court and bring judgment against you to do so.
Finally, you need to check which PDL are legal in your state and which are not. For this you need to check the license database of Missouri "http://www.missouri-finance.org/Contribute%20Documents/500list-3-09.pdf". If the PDL is licensed, you need to pay the principle amount plus the interest charges, else you need to pay only the principle amount.
If you want, you can negotiate with your creditors directly or register with a good debt consolidation company.
Only 4 of the 13 are listed on the license database. Is it bett
Only 4 of the 13 are listed on the license database. Is it better to deal with the companies myself or to use a consolidation company?
I think that you can first try it yourself. If you cannot manage
I think that you can first try it yourself. If you cannot manage to negotiate with your creditor, you can go for a good debt settlement company. You can go through the link http://www.debtconsolidationcare.com/paydayloan/illegal-pdl-dealings.html to know how to deal with these illegal lenders.
welcome
I know exactly how you feel. I was ready to go with a debt consolidation company, but worked out agreements with a couple of ny creditors, A couple of the companies told me they would work with a company, but I've read here that some of them won't. Research carefully before you commit.
fastmoney911 will even give you a refund if you overpaid them.
fastmoney911 will even give you a refund if you overpaid them.
Avoid the consolidation companies. Call the companies you have l
Avoid the consolidation companies. Call the companies you have loans with and request an EPP.
I just did and 5 pdl companies have agreed to it.
Try not to worry, I know it`s hard. Good luck and please keep me up to date on how it`s going!
Don't pay someone to do what you can do for free!! Stay away fr
Don't pay someone to do what you can do for free!! Stay away from all of the PDL consolidation comapnies.
that list in the link given by Novice is not current. I went to
that list in the link given by Novice is not current. I went to the missouri state link and looked up your companies listed, and more than 4 are licensed. you should do more research. also, the licensed companied usually show their actual license on their websites, you might want to look there as well.