confused

well. I had abou 23 store fronts in texas. My boyfriends also got verymad so i tells him to move out. then,i gets a bank loan and i pays the billks then i need more loans to payback bank, sosame troibe

I'm glad you found this place too! Take a deep breath, you're not alone. Someone will be along shortly to give you some great advice.

You will first need to give a little more information:

What companies you're dealing with
What is the original amount of each loan
How much have you paid each of them so far
Are they internet or storefront loans
What state do you live in

Please answer those questions and then they can help.

Best of luck! :)

i live in missouri. I have to check my papers but they take 1200 each pay. it so bad and i cant eat.

ineedhelp...welcome...glad you found us!! We will need a little more info in order to possibly find some help for you. I will print your laws here...
Can you please tell us: The name of each lender, is it internet loan or store front, how much was each loan for and how much has been given back for each one in fee's etc. For example:
123 payday loan/internet/$300 paid back $250.
Then we can give you some ideas on what to do...relax...we have all been there before...

You will find the Payday loan laws for Missouri here (just select your state),
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html

I dont know what the laws mean. I trying to get all my loan info to give you. I am so scared. I am in missouri.

ineed help to.I am so lost and confusded in texas. too bad loans are killing me. Iwhat info do you want me to get

I understand that you're scared ineedhelp. But please keep your chin up. It is scary, but the people here will be able to offer some great advice to help you figure out what to do. Take your time, but get all of that information mentioned earlier together:

1. Names of the comapnies:
2. Storefront or Internet Loans?
3. How much did you borrow from each one?
4. How much have you paid so far?

The laws that Morningstarr posted mean that payday loans are legal in your state. But we need to figure out if they are licensed companies, or if they have broken your state laws regarding payday loans. For instance, if they have loaned you more than $500 - that is illegal.

Come back soon with your info! :)

laws for texas please and explaination. I can not make out what the laws mean.i need texas laws.i am scared and alone since i told my boyfriend to move out

Hi Guest from Texas, please provide the following information:

1. Names of the comapnies:
2. Storefront or Internet Loans?
3. How much did you borrow from each one?
4. How much have you paid so far?

You may also like to sign up to become a member, that way we'll know who you are and you'll be able to navigate the forum and find your posts more easily. :)

Here are the Payday loan laws for Texas (just select your state),

You will find the Payday loan laws for Texas here (just select your state),
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html

You're not alone, there are a lot of us who are or who have been in similar situations. There are some very knowledgable people here who will be able to give you information and a helping hand to help guide you in the right direction.

is this ok?=

BIG i pay 500 i borrow 300
cashnet i pay 300 i borrow 500
east side i pay 425 borrow 600
cash tranfer center pay 500 borrow 500

i comeing back with More info....sorry

please don't forget to list if they are store front or internet...I know Big is an internet one...

I know it is scarry, but i have only been reading things people have been talking about for a few days now, but it is so nice to know that I am not alone. Hang in there it does get easier. I have closed my checking account because I cannot keep paying these anymore and live. Not sure what is going to happen now, but I know that I cannot keep doing this and feeling sick all the time. Take care.

ineedhelp try not to be scared...we all were..but now is the time to be proactive!!! You can do this!!

my loans are from the internet. I just type in my bank info and money go to my account.

what should I DO? :oops:

anybody ther? I also got a loan from payday okay too :oops:

help

can I have help too? next week I have to pay more money, 1200.

ineedhelp, do you have another thread going with your information on it? I seem to remember seeing other posts. Am I correct?

ineedhelp, okay, I see where you've posted your loans. Make sure I am correct here. I'm showing:

BIG borrowed 300 - you've paid 500 so far?
EastSide borrowed 600 - you've paid 425 so far?
Cash Transfer borrowed 500 - have you paid 500 yet?
PayDayOK - how much did you borrow & how much paid?
CashNet - is this CashNetUSA? This makes a difference because CashNetUSA is licensed/legal. The others are not going to be licensed/legal. And you're going to have to act quickly with Cash Transfer Centers. Highly illegal. Make sure I have your information. Do I have all the loans? Do I have all the borrowed amounts correct? And tell me exactly what you have paid each one so far. I'm assuming you haven't paid Cash Transfer anything yet because they take it all out at once. And, tell me how much you borrowed from PayDayOK and how much you've paid back.

cash tranfer center will take 500 next friday. i dont think i will have enough to pay

paydayok I borow 500 and i think I pay 540, they take $90 each payday and its been a long time I have this loan. :oops:

i Guess this is all I have. I thought i had more and i dont know what to do. if it is illegal, will I be arrested :oops:

ineedhelp, okay. I just took a look at your state pdl law. It does allow for 6 rollovers (holy cow!).

Rollovers Permitted: Six (borrower must reduce principal amount of loan by 5% or more upon each renewal)

However, it also states that criminal action is prohibited unless you stop payment on a check or close the account. So...... let's see here. These are illegal companies. With maybe the exception of CashNet. I still do not know if CashNet that you have is CashNetUSA - which would be licensed/legal. Cash Transfer Centers is going to try to suck that $500 on Friday. If you don't do anything regarding your bank account, all of these pdls are going to hit and your going to be in the negative. You've already overpaid some of them. However, since your state allows rollovers, it might not be illegal fees. So...... I'm thinking here. CashNet might be licensed/legal. PayDayOK I'm not sure, but they may be licensed/legal also. I know Cash Transfer Centers is not legal. I know BIG is not legal. I know EastSide is not legal. I'm concerned with CashNet and PayDayOK. What I'm going to do, ineedhelp, is send a message to one of our members who will indeed know if these are licensed/legal and if it would be okay to close your bank account, okay? So hang in there for me and I'm going to send a message. Now, it might be tomorrow before we get an answer, but that's okay. We can work more on it tomorrow when we know for sure what we can do. Do not worry. You are not going to jail. Hang on. I'll get our other member to take a look at all of this and post what your options are. Do not worry. We are going to help you with this all. I promise. Just hang on. We'll get an answer.