Help! About to hit the fan!
Date: Wed, 05/14/2008 - 19:17
I'm scared to death. I just want to buy some time and after talking with these people, it's clear I'm not going to get any. Never mind the thousands of dollars I've paid them and how I've never missed a payment. I can't get another two weeks or month or lower fees.
Some info:
1. List the companies you have the loans with and whether it is a store front operation or an internet operation.
Sonic Cash (internet) 450
Payday Yes (internet) 300
Paycheck Today (internet) 350
Check into Cash (internet) 200
3. List what you have paid so far for each loan.
I've renewed and taken out new loans over and over so many times I don't know. Sonic Cash, for example, has made thousands of dollars off of me.
4. List what state you currently reside in.
Kansas
I've taken a second job and now work 70 hours a week (hint: I'm serious about taking care of this mess), I will have a cheaper living situation next month and will not have utilities in my name. All good things that will allow me to pay these things off and never look back. I just want to know how to buy two months and not have these people jumping on my back...I intend to pay them all in full.
Thanks.
glass. . someone will be along shortly to interpret the laws of
glass. . someone will be along shortly to interpret the laws of your state and those governing your bank account. There are many things you can do to get this started so hang tight.
Glass: Here is what I found so far: Legal Status: Legal Ci
Glass: Here is what I found so far:
Legal Status: Legal
Citation:
Kan. Stat. Ann. ???? 16a-2-404
Loan Terms:
Maximum Loan Amount: $500
Loan Term: 7-30 days
Maximum Finance Rate and Fees: 15%
Finance Charge for 14-day $100 loan: $15
apr for 14-day $100 loan: 390%
Debt Limits:
Maximum Number of Outstanding Loans at One Time: Two
Rollovers Permitted: Not Specified
Cooling-off Period:
Repayment Plan:
Collection Limits:
Collection Fees: One NSF fee
Criminal Action: Prohibited
Where to Complain, Get Information:
Regulator: Office of the State Bank Commissioner
Address: 700 SW Jackson, Suite 300 Topeka KS 66603
Phone: (785) 296-2266
Fax: (785) 296-0168
Regulatory Contact: Kevin C. Glendening,, Deputy Commissioner, Division of Consumer and Mortgage Lending
Thanks for the info. So if they've been charging me over $15, wh
Thanks for the info. So if they've been charging me over $15, what can I do? Can they refund and apply that to the balance due?
Also...how do I keep them from contacting me and other people once they realize they can't remove money from my bank account anymore?