payday loan help

Date: Fri, 07/13/2012 - 19:26

Submitted by tymeout2u
on Fri, 07/13/2012 - 19:26

Posts: 4 Credits: [Donate]

Total Replies: 4

I have gotten myself stuck in the payday loan cycle. I have over 7000.00 in payday loans plus including interest. Where do i start to get out of this. I have been reading the post and have contacted my bank about closing my account and opening a new one. I read something about sending out a cease letter to the pdls where do i get this? I am in ohio and i have 5 store front pdls and 4 online pdls.

All help would be appreciated.

You did the right thing for the moment by closing your bank acco

You did the right thing for the moment by closing your bank account. As for now, please list out the names of your lenders, how much you borrowed and how much you have repaid till now.

You can't send PDLs cease and desist letters. Those letters are meant for collectors, not the original creditors.

lrhall41

Submitted by on Sat, 07/14/2012 - 04:42

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owing

storefront loans:

checksmart = $800.00 fee: 53.99
cash america = 806.45 fee: 52.17
check n go = 505.00 fee: 44.84
first american loans= 537.63 fee 45.53
ACE cash express = 500.00 fee 44.79

Online loans:

cashnetusa = 500.00 fee 136.56
paydayone = 100.00 fee 254.59
checkintocash = 500.00 fee 47.76
Ace cash express = 700.00 fee 176.43

lrhall41

Submitted by tymeout2u on Sat, 07/14/2012 - 09:41

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i have been paying the pdl for over 7 months some for a year or

i have been paying the pdl for over 7 months some for a year or more. and the online for atleast 5 months. I am a single parent with 2 kids. It's past the point where my kids are suffering.

lrhall41

Submitted by tymeout2u on Sat, 07/14/2012 - 09:45

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sorry on the online paydayone the amount is 1000.00 not 100.00

sorry on the online paydayone the amount is 1000.00 not 100.00

I haven't paid any off because all funds have been going to pay fees there is a negative balance left. I did the stupid thing as to borrow to pay the fees. Yes never ending circle.

God bless you for any help.

lrhall41

Submitted by tymeout2u on Sat, 07/14/2012 - 09:51

( Posts: 4 | Credits: )