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PA Payday Loans-Need Help Desperately

Date: Mon, 08/29/2011 - 16:39

Submitted by mroberts0903
on Mon, 08/29/2011 - 16:39

Posts: 3 Credits: [Donate]

Total Replies: 8


I have been in the vicious cycle of payday loans for about a year now and just saw this site existed today and really need your help. Today I figured enough is enough and wanted to do some sort of consolidation. From what I have been reading, something I did earlier was probably stupid, but at least I found this site. I have paid thousands...probably 6-8k in interest over the past year. My current situation:
I live in Pennsylvania and work in NJ. When I began taking out payday loans, I was living with my parents, who also live in PA. The companies have their address on file, not my current one. The main contact number is my cell phone, but they do have my mother and their phone number) as a reference because when i statrted taking these out I thought they would need verification. the other reference is a fake name a one of my previous cell phone numbers. They also all have my work address and the main number for it. Due to what I do for a living, my company 100% cannot find out about this mess. The one possible light at the end of the tunnell for me is that I am interviewing for a job and if I get an offer, will be starting on 10/03/11. It is a very large firm, so when they call the operator will just tell them that I no longer work there. I am paid on the 15th and last day of every month.
As I mentioned, I did something today that was probably very counter productive. I had two loans that i consolidated into one. i think all three are shell companies for Tribal Lenders from Miami, OK. The two loans i paid off and put into new one:
Ameriloan borrowed $400 paid $240 int. $50 prin
USFastCash bor $400 paid $360 int $50 prin
I just did this online today and pric+last interest in scheduled to be deducted to my bank account on 8/31.
I borrowed $600 from UnitedCashLoans which will hit my bank account tomorrow to do this. The first interest payment is in 9/15 for $180
I also have the other loans outstanding:
StarCashProcessing:
Borrowed $450 paid $540 int no principal
Lakota Cash:
Borrowed 400 paid $360 int $50 principal
Four Seasons Cash:
Borrowed $500, paying first in 8/31 $99 next 9/15 $106.
The last one is at a lower rate. All other ones are at what seems to be the standard $60 int for every $100 borrowed per month..or $30 every pay check.
I have read about paydayloan consolidation, switching banks and writing letters, contacting the AG...I am open to anything, do not mind harrassing phone calls to my cell phone. My work cannot be contacted while I am there still, and I would rather avoid having them call my parents.
I make around $65k a year, so have been able to pay these by contiuing to borrow but really need some advice how to end this because it has forced me to live paycheck to paycheck and if my pay cycle is ever changed or I leave my job, I will default. Plus this is no way to live and it is absurd that 1/3 of every paycheck for the last year has gone to interest.
PLEASE HELP ME

I thank you very much for your help beforehand. Any and all advice is much appreciated.


Payday loans are illegal in PA. If you have paid them more than the principal balance, then you should ask them for a refund. You might even contact the Pennsylvania Department of Banking and they will assist you in knowing what further actions you can take against them if they keep on harassing you for more payments.


lrhall41

Submitted by Anna Sweeting on Mon, 08/29/2011 - 19:45

( Posts: 1827 | Credits: )


[COLOR=black]I finally grew some balls, and called them back: [/COLOR]
[COLOR=black]The ???recovery manager??? Dave Bourn, said: They would report ???my fraudulent??? activity to my credit union! I finally relented and gave them ???my cell phone??? [/COLOR][COLOR=black]and told to stop calling me at work! Additionally he stated, ???they attempt??? one last reach out call to settle the balance! I said really? I sent a Cease and Detest letter, faxed, mailed, and emailed to Advance Me Today! And mentioned that his staff, Desean Campbell and William Hill, threatened to call me every day! I said you your company monitors your calls! I said pull their conversations, you will hear the threats! Then he mentioned a GATT Treaty? I said, Mr. Bourn, clearly you???re from the United States, and realize I have a functioning IQ above 70! So, don???t quote international treaties! Your company is illegal in Pennsylvania! [/COLOR]
[COLOR=black]I gave them my cell phone, said stop calling me at work! They can leave all the messages they want! I will pay back the money, when I can! [/COLOR]
[COLOR=black]He was not happy with me! [/COLOR]
[COLOR=black]To be continued???.[/COLOR]


lrhall41

Submitted by berbarperry on Mon, 10/17/2011 - 11:54

( Posts: 12 | Credits: )