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Four Payday Loans in California

Date: Wed, 03/21/2012 - 16:13

Submitted by KeenaMarie
on Wed, 03/21/2012 - 16:13

Posts: 5 Credits: [Donate]

Total Replies: 4


Hello, I currently have out four payday loans in California. I've been struggling to cover the interest payments alone and then had a payday loan that was set up on the opposite weeks of my payday. My bank account is now over drafted and I'm in a never ending cycle for NSF fees. I feel like my debt is spiraling more and more out of control. Anyone know exactly what my options are for the state of California?
I have loans out with... 247GreenStreet / vandelier group / Payday One / 500FastCash


Put your bank account on 'Deposit Only' status and compensate the overdraft as fast as possible. This way the illegal lenders can't siphon funds out of your account and as soon as you get rid of the overdraft, you can close this account and open a new account. Make sure the two accounts are not linked in either way. How much have you paid each of these lenders?


lrhall41

Submitted by StevenDoyle on Wed, 03/21/2012 - 23:35

( Posts: 199 | Credits: )


The Loans were as follows:
Pay Day One - Advanced $750 / Paid back $881.25 to date
Vandelier Group - Advanced $250 / Paid back $375 to date
500 Fast Cash - Advanced $550 / Paid back $860 to date
247 Green Street - Advanced $620 / Paid back $743.88 to date (this loan I've done a couple times to cover my other loans) I've borrowed $2405 total and paid back $2920 since 12/22/11
Thank you all so much for your help with this I'm reading all of the different forums and trying to figure out exactly what I need to do. I'm a 24 yr old single mom and I'm about to lose everything because of my stupid decision to deal with these payday loans. My family hasn't been any help in figuring this all out, so all of your advice is very appreciated!!!


lrhall41

Submitted by KeenaMarie on Thu, 03/22/2012 - 09:57

( Posts: 5 | Credits: )