I have been trying to dig myself out of the payday loan trap for the past couple of months. I have closed my bank account and sent letters to all PDLs revoking ACH authorization, C&D letters, etc. I have overpaid on most of them, including Payday-Loan-Yes. My loan was for $350, and I have paid a total of $680. I received a call at my work the other day (even though the letters I've sent told them not to contact me at work.) I got her name and called her back after work. The lady says I owe over $400. I told her I had already overpaid them, and they should be issuing me a refund! I don't think they're legal in Ohio, but even if I give them the $15/$100 allowed in Ohio, I've still overpaid. She just wanted to argue with me. She then kept asking me if I was refusing to pay. I told her I wasn't refusing to pay, but that I had already OVERPAID them. She then told me that she was going to mark my account as a refusal to pay and that it would be sent to a collection agency. She then abruptly hung up on me. Needless to say, this really annoyed me, so I proceeded to call her back about 20 times and left her messages each time on her voice mail. She never picked up, but I hope she had a good time checking her voice mails from me demanding a refund for my overpayment. Of course I've not heard back from her since.
But if it does get sent to a collection agency, how do I deal with the collection agency since they don't know that I've overpaid. They just see the balance that the PDL says I owe.
Sub: #1 posted on Wed, 08/13/2008 - 07:51
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Sub: #2 posted on Wed, 08/13/2008 - 08:10
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Sub: #3 posted on Wed, 08/13/2008 - 09:23
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Sub: #4 posted on Wed, 08/13/2008 - 12:26
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Sub: #6 posted on Wed, 08/13/2008 - 13:07
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Sub: #7 posted on Thu, 08/14/2008 - 16:06
First of all, please list the following information so we can help you.
-Names of each pdl company.
-Whether they are store front or Internet.
-How much you borrowed.
-How much you paid so far.
-The state in which you reside.
I'm sorry to tell you this, but there is only one sure way to stop the withdrawals, and that is to close your account. If that isn't an option, then tell the bank to put a hard debit block on your account. Before you close your account, read this information at the link below. http://www.debtconsolidationcare.com/paydayloan/close-acc ount.html
Please do not let any of these pdl's know you are going to close your account, until AFTER you have done it!
Sub: #8 posted on Thu, 08/14/2008 - 16:16
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I too called one woman back several times after she hung up on me and was rude. She got really annoyed and hasn't called since.
Sub: #9 posted on Fri, 08/15/2008 - 07:31
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Sub: #10 posted on Fri, 08/15/2008 - 07:38
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