Help me please???? Payday loans in Texas

You will find the Payday loan laws for Texas here (just select your state),
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html
Please list for us how much you have already paid to each lender. Add fees and principles to get 1 total for each. Are these internet or store front. Whebn we get this info we will be able to help you

Hi THolland. Welcome to the forum. :-) I am a little confused as to how you got the Big Ltd. loan and the Loan Shop loan. For Big Ltd., you have "phone" beside it. Did you sign any sort of ppwk for the loan? Also, for Loan Shop, it doesn't say how you acquired the loan. I'm pretty sure that none of the online pdls are licensed in your state, but you can do a search here and find out. Also, the checkngo installment loan is, unfortunately, 100% legal and backed by an FDIC insured bank. I have a friend who is dealing with them. She defaulted about a month or so ago. For the most part, they have been pretty decent, but they will not accept partial payments. It is all or nothing. She is hoping that they will turn it over to a collection agency so that she can make reasonable payment arrangements.

Check N Go - Internet - $303.00
Payday One - Internet - $555.92
Payday Ok - Internet - $336.08
Cash Central - Internet - $203.39
East Side Lenders - Internet - $180.00
Little Loan Shoppe - Internet - $300.00
BIG Ltd. - Verbal on phone - $80.00
Loan Shop/DKS - Verbal on phone - $300.00

Hi eleroo! The BIG and Loan Shop were over the phone. No, I didn't sign any paperwork. I'm pretty sure the BIG one is in London. Thanks for the info on the Check N Go one.

Payday One, Payday OK, and Cash Central are all operating as CSO's in Texas. A CSO means Credit Service Organization. This means that the pdl laws don't apply to them.

In essence, a CSO or Credit Services Organization is defined by the Texas Credit Services Organization Act (Section 393 of the Texas Finance Code) as an entity or person that provides one of the following services:

*Improving a consumer's credit history or rating
*Obtaining an extension of consumer credit for the consumer
*Providing advice or assistance to a consumer regarding the previous two services

An important aspect of the CSO or Credit Services Organization model is that there IS NO LICENSING required by the state! CSO's are required to "Register" with the Secretary of State, they are NOT licensed, and their fees ARE NOT REGULATED.

I closed my account Thursday. I spoke with the branch manager and she assured me it would be closed. I'm looking into working with Town & Country to get these resolved, but won't be able to pay them until the 15th. I just checked my email and have my first email from Payday OK, asking me to contact them regarding my account. My questions is should I send them letters still, or just let Town & Country deal with them?

Are you working with Town and Country. You post says you are looking into working with them.

They have all my information, but I haven't sent them the 210 to get started yet. That's why I was thinking I should go ahead and send them a letter. Should I send a Cease and desist letter?

You're welcome for the checkngo info, tholland. :-) I don't see why it would hurt to send the cease and desist letter since you are going to do a consolidation or settlement. They will need to do all of their communication with T&C anyway. It doesn't sound like Big ltd. would be legal since they are in London, the transaction was made via verbal agreement on the phone, AND there was no ppwk. I wonder if T&C would know about that?