I have 15 payday loans and need help

This will be one of many "threatening" form emails tht you will receive from the PDL's....Teletrack is not a credit bureau, but a database that will prevent you from taking out another PDL or getting furniture at a RentaCenter....big deal.

Just be prepared to stand your ground, and pay them the balance when you can.

The PDL's will draft up many "official" looking and sounding emails to scare you....we have all gotten them.

We are here for you...just come back anytime you want to run anything by, or just vent. Its gonna be a tough process fighting with some of these PDLs' but you have our support.

VBmom, thank you! Should I reply to that email with my letter? And when I do have the money to pay them, how do I do that? Even though I know they can't do anything to me it is still nervewracking to get these calls and emails. I am so happy that I found this forum! It is so good to know that I am not the only one going through this and that many people have gone through it and made ite through okay!

Should I reply to that email with my letter?

Yes..great idea.

And when you can pay them, money order certified mail or a disposable debit card....never a check!

Again, thank you Vbmom! It seems like I am saying alot of thank you's lately! I do really appreciate every bit of help I have gotten here! :D

You are so very welcome....anytime. :D

Does anyone know who Apollo Group is? I keep getting phone calls from them and they don't leave messages. None of my pdl's were directly from them as far as I can tell. :?

Another question as well. I receieved the following email from Loan Shop. I had a $500 loan with them, to date I have paid $450 in "fees". I believe I only owe them $50, how do I respond to this letter?

Dear Momof1:

YOU HAVE AN OUTSTANDING BALANCE - REMIT PAYMENT IMMEDIATELY

Your loan with Loan Shop Online is detailed below. Send payment by one
of the means detailed below or contact me at 1-888-265-5074 to avoid
further collection activity.

Account # Balance Fund Amt
XXXXX $650.00 $500.00

Your payment can be made via MoneyGram or electronic withdrawal! Call
today to discover the payment plan options available to you.

Sincerely,

Yolanda Rue
Account Manager
Loan Shop Online

PS --- You can pay your account today via MoneyGram. Call
1-800-555-3133 for a MoneyGram location near you, or search online at
www.moneygram.com:

Receive Code: 4959
Pay To: LTS Management
Wilmington, DE 19803
Acct #: 415035

Mom, I would reply with the original letter you sent. Add a note that you have alread told them this and the letter they sent you is not correct and does not follow your state law.

Now I have a really nice offer from MTE too. NOT! They are offering to settle with me for $250 and waive all the finance and collection fees. The thing is I took out a loan for $400 and have to date paid them $945. Once they have this $250 they are then willing to mark my account PIF. Obviously, I am not going to send this.

[/quote]Based on the information supplied in your complaint, it is evident that the information derived from some sort of form or template, as it does not apply to your particular loan. It is strongly advised that consumers do not fall prey to the contributors of this type of information, as it is not always true, nor does it apply to every circumstance. Often, the information actually incriminates the consumer for not abiding by the laws of the state that they live in. Additionally, any contradiction to a consumer????????s signed loan agreement can actually put them in default. While it is appealing to a consumer to find what appears to be an "easy way out" of their debt, there is no such thing if the debt is substantiated by a legal, signed contract. Using information containing legal jargon that you have not actually researched in an attempt to threaten a company into writing off a balance that you know you owe can actually be harmful to you as a consumer.

The money was lent to you by our company in good faith with the understanding that you would abide by the terms detailed in your loan contract, just as we upheld our end of the agreement by crediting the funds to your account in a timely manner. The Loan Note and Disclosure that you e-signed and thereby agreed to is very detailed and clear so as not to cause any confusion to you, the borrower, and meets all the Truth-In-Lending and Reg Z requirements as prescribed by Federal statute.

Upon review of your account history, you clearly knew all terms and conditions of your most recent loan, as you have been approved for loans many times in the past and have applied on many occasions for additional lending. We have all legal contracts that you e-signed, thereby agreeing to the terms and conditions of the loan(s). Having had loans in the past for which the terms were exactly the same, claiming not to have understood the terms of this loan can easily be disputed, as you were not coerced in any way by our company to reapply and did so on your own. It is highly unlikely that a customer would return to a company for additional lending if they had been unsatisfied with the service the first time.

Due to the fact that you have revoked authorization on our debits, no further debits will be made from your account from this date forward.

Due to the fact that you are clearly in a situation that led you to use any information that you could obtain in an attempt to relinquish your debt with our company, and in the interest of good customer service, we have agreed to waive all finance charges currently due on your loan and settle for complete payment of the principal balance owed. It is our hope that this will ease some of your financial burden, as well as avoid further collection efforts that would inevitably ensue should you default on your loan agreement.

Blah, Blah, Blah, Blah...what I am confused with is this....


Quote:

Yes, that is what they are saying. As far as I am concerned I way overpaid them already. I am guessing from their letter that they are now used to getting these from people? And trying to make it seem as though the information I have is incorrect, to get me to pay?

WOW!!!!!!!!!looks like the letter usfastcash emailed me 2 months prior to settling for what i actually owe.they are a trip,they just will never get it.

we just gotta stay tough mom! we both here in cali and they both trying to fool us with nonsense. i WORK at a law firm and i am just going to have to stick it thru and make myself seem tougher than steel. as long as they can't access my account anymore, i feel more at ease . now i can pay bills.

Well Mom, I would say then....stand firm and keep giving them the same pdl letter as many times as you have to. Tell them the terms are unacceptable and keep telling them that until you get what you want.

this site has been a blessing all on its own. i have high anxiety, and well this has eased so much off of my mind. thank you all so much for ur support!

cnina, me too! I sent you a pm. Also, I still have a question from earlier that was not answered, has anyone ever heard of Apollo Group? I keep getting phone calls from them and they don't leave messages. None of my pdl's were directly from them as far as I can tell.

no. i never heard of them. maybe u can do a search on this site by typing it in on the right hand upper corner. thats what i did for some of my q's on companies!

Funny story! SO you know how up above in this thread I had been asking if anyone has hear of Apollo Group? They started calling within a week of me doing all of this, so I figured they were some pdl company going by a different name and never answered the phone. THey had never left a message either which I thought was kind of strange as none of the other pdl companies have been shy about that. Well, today they left a message finally. It turns out they are University of Phoenix, a college! My daughter is college age this year so it would make sense. I just thought it was funny and sad that I immediately assumed the worst! That's all just a story to share! :lol:

Mom, do not feel bad. I will not answer the call anymore if I do not recognize the phone number. I did something similar with my mail...I received a letter from some financial group that I had never had any dealings with so I left it on the dresser, I was cleaning and decided to open it up...I received a refund for insurance overpayment due to some lawsuit. I called my insurance co and it was legit...I almost threw away a 700.00 check :shock:

roxy, I am CRACKING UP over here! :lol: You see how damn paranoid we get? You almost threw away $700! OMG!!!!!

Wow Roxy! I am glad you didn't through that away! It's good to know other people are as paranoid as me :)

I really think that living through this really does make you more paranoid...or aware or whatever. It also makes me dread when my cell rings or when the mail comes. And I am sure we are not the only ones who feel this way.

Oh..the only bad part of the check is that I had to use it to pay uncle sam...oh well atleast my payment did not have to come out of my pocket. :D

I have received a response from MTE via the BBB today. It is as follows:

The BBB is giving me the opportunity to respond as to whether this is satifactory or not. It is not, but, how do I explain the previous loans with them?

You don't. I had previous paid loans with ameriloan and when the BBB got involved, I refused once, took the offer when they countered (it was for what I had borrowed) paid them, end of story. I never mentioned anything previous to what we were currently dealing with. Better left untouched, in my opinion.

why are the other loans an issue?just let them know that there offer is an insult.then follow up with your AG.

paul...I think they probably mentioned the fact that it was a repeat endeavor and how the conditions were understood previously, and complied with. I am almost positive that is what my response to the BBB said. But..like I said, I never dignified the fact by responding to it.

I just got this email from The Loan Shop and was shocked! I have to share it because it is so exciting!!!!
Quote:

Wow, good for you, momof1_1990 !!

llw,i wasn't meaning you.i was reffering to mom's offer.

Has anyone ever dealt with E-Payday-Loan? I have sent them letters and emails which they have been ignoring. Every few days they send me an email stating they are having problems with my bank account and then another one stating if I don't contact them they will report me to Teletrack. I am not worried about that at all. Everytime they send me an email I have been replying with all of my previous emails, asking them to please respond in writing. Well this was my reply today:
Quote:

Too funnny!!!!

mom, these guys are a joke.

it may not feel like it,but you have the upper hand with them.just re-send all letters and requests.
whatever letters you send try to convey calm,cool.
pdl's hate that.

OH Mom...that is the best thing I have seen in a long time. Didn't waste words, did they. :D

"JUST PAY US OUR MONEY BACK" . Dont they realize that we are attempting to do just that. Pay back what they lent us. I wonder also if they are now using 5th graders to write their letters. Very professional...NOT

Good Afternoon!! been awhile since I have been online.. but I got a strange Voicemail at work today from "Linda Princheds (sp?) office" with a phone number 1-888-265-5074 regarding a "payday loan" I recieved in --2004?????.

I of course google it and this thread comes up ... tempted to call this idiot and see what the ^T%$%^&* is she calling ME about... but then from experience I know NOT to call them, because they harrass me forever again...

SO to pinpoint precisely who these idiots are, are we talking Loan Shop from Delware, or Loan Shop from NV or are they the dorks that hired Jackson Phillips out of Jacksonville to harass people about Loan Shop/ Westbury Ventures/BMG/Express Cash/PD 6 Ventures and the list goes on................

been so long since I have to deal with this I am confused who to write to next............

LOL!!!!!!!!!!!!!!! Happy Hump Day!!!!!!

trying to find a address for 365 fast cash anyone got the mailing address??

I have tried myself to find an address, but no luck. I will tell you they are based out of Malta from what they told me when I inquired. So this makes them higly ILLEGAL! They refused to give me a physical address when I emailed through their website. They kept refusing so I told them I considered this matter closed. I never heard from them again. All I was able to do is log in online, but they never gave me any phone number, mail address, or direct email to contact them. Best of Luck :?

I just signed up with PDL Assistance and paid the 200 dollars to them. I already closed my account, and now am getting harassed. The lenders I have are:

Paycheck Today 300 / 180pd
B.I.G. Ltd. 200 /0 pd
CashAdvanceNetwork 300 / pd 180
Loan Shop 300 /135 pd
CashCentral (L&G Finance, Inc.) 300 / 76.03 pd
Amscot (walk-in) 500 / 0 pd
ameriloan 300 / 270 pd

I live in Florida, and need to know if I should cancel with PDL Assistance and do this myself, or what? Are these loans legal here in Florida?

thank you very much,,,,it was a lot of help,,,god bless you!!

You are quite welcome! That is what we here are here for. If you have any more questions, just let us know.

i live in florida,,i got a loan for 300 dollars from "united cash loans,",,,,they charged me 9o dollars in fees the first payment..( ive paid 100 dollars on principle twice),,,60 dollars in fees for second payment,,i have one more payment,,,have no idea what fees will be,,,,,what is the limit these people can charge for a 300 dollar loan,,,,50 % seems high to me,,,and there is still one more,,is this legal

United cash loans is an illegal lender. You are only morally obligated to pay back the principal amount borrowed. You have done this. On this site click on forums, then click on payday loan help, then click on sticky on how to deal with illegal lenders. Follow every step. Do not skip. You will want to close your bank account, open a new one, with new one not being linked in any way. Also, register with the forum.