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pay day loan

Date: Fri, 12/26/2008 - 10:59

Submitted by naf119
on Fri, 12/26/2008 - 10:59

Posts: 4 Credits: [Donate]

Total Replies: 7


how do i stop payday loan from call me at work and my references


I doubt that you can actually stop them. But if you list the following information 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-account.html

Please do not let any of these pdl's know you are going to close your account, until AFTER you have done it!


lrhall41

Submitted by Shazzers on Fri, 12/26/2008 - 11:00

( Posts: 17344 | Credits: )


quick cash, $500
ez payday loan, $500
American payday 507
ace $500
checkintocash $500
online checkinto cash 345
check and go $500
advice pay day loan $500
peoples choice $500

i am in Kansas city and all the loans i took are store front in Kansas city except checkintocash i i have been paying the inters and every two weeks and i am current on all loans
are they able to garnish my pay check since i closed my account please advise on what step i need to take i am lost


lrhall41

Submitted by naf119 on Fri, 12/26/2008 - 11:33

( Posts: 4 | Credits: )


They would need to have a court order to garnish your wages, they can however use a wage assignment if you signed one. Therefore it would be in your best interest to send them an email or letter (certified return receipt) revoking any and all wage assignments you may or may not have signed.

Quote:

Kansas State Information

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


lrhall41

Submitted by Shazzers on Fri, 12/26/2008 - 11:53

( Posts: 17344 | Credits: )


Quote:

The date
Your name and address
The name and address of the creditor
Your account number with the creditor

Dear Sir or Madam,

I hereby revoke your right to use any wage assignment I may or may not have signed with you. You no longer have my permission to use this wage assignment.

Sincerely,
Your signature


lrhall41

Submitted by Shazzers on Fri, 12/26/2008 - 12:27

( Posts: 17344 | Credits: )