I am overwhelmed in payday loans

So, can I send them an illegal ltr?

Is your account closed? (you may have mentioned this already, but dont have the chance to skim through all of the pages)

yes, my account is closed.

what do I do now?

you have gotten some great advice here. just ensure your account is close, send your letters and wait to be harassed. plain and simple.

Moderator,
Can I send Ashland and SGQ an illegal letter?

Sgo is not licensed anywhere in the us.

What about ashland?

Is it true that the payday loans can mess up your teletrak score and not allow you to write checks? I just spoke with Don from Cash Transfer Centers and he said if I didn't bring my account current that I wouldn't be able to write any checks. Is it true?

no, you can still write checks.CTC is not even located in this country.

The guy said that it does something to my teletrak score. Is that true? Also, is Ashland legal?

Teltrack is an agency that will prevent you you from getting any more loans. It has nothing to do with writing checks.

Good info from Kash...its a scare tactic.

Ashland and SGQ are illegal...send your letters.

Any more loans with payday companies or all places?

Any more loans with payday companies or all places?

:?:

Kash, can the payday loan companies stop me from obtaining loans from all places or just payday loan places?

Hi there...Teletrack will basically keep you from getting approved for pay day loans, rent to own places, and so forth. Which honestly, I am not too heartbroken about as do not plan on doing either.

At this point, looks like you've got the info you need to move forward on this and send your letters.

Great post. Actually, Lady, I hope thatyou are not thinking about taking out other loans, as you seem concerned about that.

Is anyone there?

Is anyone there?
_________________
question???????

Kash, I am not looking to EVER take out another payday loan, but I am a homeowner and may decide to refinance at a later date and I don't want a payday loan to hinder me from doing so. That's why I was asking that.

Not to worry.

I was telling my coworker about this site and she wanted me to ask if instant loans now was legal in the state of PA?

if a pay day loan is licensed anywhere it is considered legal in PA. She needs to check with the bbb to see if they hold a license to lend.

Do you have a website for the BBB in PA? Thanks.

just google it. I dont know it off hand. I usually google bbb and put in the name i am searching

ok thanks. I will tell her. I also told her to sign up for this website.

I have around $3400.oo in payday loans. Please tell me which ones are illegal.

Company ,Amount borrowed , interest , total owed

Advance America $200.00 $35.00 $235.00
Quick Check $200.00 $35.29 $235.29
E-Z Check Advance $170.00 $30.00 $200.00
Capital Currency $255.00 $45.00 $300.00
California Budget Finance $255.00 $45.00 $300.00
3bpayayloans $300.00 $90.00 $390.00
Impact Cash USA $300.00 $90.00 $390.00
Cash Transfer Centers $600.00 $162.00 $762.00
Webpayday $195.00 $45.00 $240.00
Cash Advance Networks $300.00 $90.00 $390.00

The first 5 is in store based in California the last 5 is internet.
Please give me info. I don't know what to do.

All your store fronts are legal.If you have not defaulted, and they are members of the cfsa you can go in to each store a day prior to your due date and request the EPP. Extended payment plan. This allows you to pay off in 4 installments with no added interest

Cash Transfer Centers is not licensed/legal anywhere .They are not located in the US.
For the others go to the BBB web site and see if they hold licenses to lend in CA. Someone may come along who knows , but off hand I do not.

Just thought I would point out that it was originally believed that California Budget Finance was not a member of the CFSA, as when I first needed help, no one could find information for them.

Just to let you know, that when I went in and paid off my loan with them 2 weeks ago, I saw that they do indeed have CFSA information posted. So if you find yourself in a situation that you want to invoke the EPP, you are able to at this storefront.

Thanks Amaranth. Do you know if the internet loans are licensed in CA.

None of the internet PDL's listed by jojo are legal in CA.

Thanks for the valuable information.
I will use the EPP if there a member of the cfsa.

So as you cn see other that your store front, all your other loans seen to ne illegal.

Do you have a sample copy of a
ltr revoking wa wage assignment? Cash
Transfer Centers is harassing me now.

you posted a copy of a letter you were sending out on page 4 of this thread. There is a paragraph in that letter that revokes wage assignments. Use that

ok thanks.

Hello again,
I just received a call in reference to Arrowhead & Power Funding. Both loans were for $300 each and I've paid $90 since Oct. 07 until March 08. I sent them a letter in March telling them that I had overpaid them and that I wasn't giving them another penny. Well, the call today is stating that I owe a total of $1080.00. What do I do now?

$1,080.00? I'm dying here! They are insane! Do not take their calls. You did send the letter to them, correct? You can do all communicating through email or USPS. They know where you stand on this. Have you filed complaints against these guys with the government agencies yet?

It is a joke. You do not owe them anything. Send your complaints and ignore the calls.

no, I haven't filed complaints yet.

You need to file complaints against them. File with the BBB (www.bbb.org), the FTC (www.ftc.gov) and your state attorney general's office.

i agree cannr and kash,send those complaints asap. you owe them nothing at all.

Thank you so much.

I have a payday loan with ameriloan. It is for 300.00 I have had it since september 19th. I have been paying 90.00 every other week since. I called them to see If I could take the total and divide by 4 and pay them off. They told me that I have to be in collection status in order to do that. So I went to my bank and stopped them from collecting. Well they used a different ID number and still collected there fee. So I called them back and the would not let me talk to a supervisor or collections and they hung up on me 3 times. I heard that they might not be licenced if that is true do I only have to pay them the principle. If so I have already payed them 360.00. They want to debit my account on November 14th for 90.00 plus 50.00. Does that fifty really go towards the paydown or are the going to rip me off. Help please..I live in Utah.

They are an illegal un-licensed internet payday loan company. I just finished dealing with them. I borrowed $600 and paid back $1185. I closed my bank account (with a hard freeze) and sent them a C & D letter. I then filed complaints with the BBB, FTC,AG and my Department of Financial Institutions. I settled with them through the BBB. I did not get the refund I wanted but my account is PIF and they are out of my life. Good luck to you.

I HAVE ALREADY CLOSED MY ACCOUNT, AND WOULD LIKE TO KNOW IF ALABAMA WILL PROSECUTE ME FOR CLOSING MY ACCT TO PREVENT PAYDAY ACH'S.SOME OF THEM ARE OVER THE INTERNET. tHE COMPANIES ARE PAYDAY YES LOANS, fiRST BANK OF dELEWARE,QUICKCLICK lOANS, cASHNET, AND I HAVE LOCAL ONES TOO.