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Where do I check to see if a payday loan (internet) is illegally operating?

Date: Wed, 04/14/2010 - 09:19

Submitted by anonymous
on Wed, 04/14/2010 - 09:19

Posts: 202330 Credits: [Donate]

Total Replies: 2


I have several I'm hioping to pay off but had gone thru PDL Assistance, but recently realized most of my $226 per month was going toward their fees 7 not paying down my PD Loans. Now I have two companies calling me at work saying they're from an attorney's office & will be filing a lawsuit against me, one with my original $500 loan-now at $3000 with their added finance charges (I had closed my bank acct). These are Ameriloan & I don't know the other one's name-I had to quit answering their calls due to threats at work. My references have now been called and threatened by these also-telling them that they'll also be named in the lawsuit. My references are upset with me obviously & not used to these scare tactics. I'm working with LSS Credit Counseling which told me PDLs are the last of my worries (pay back list). So suggestions on where I can find out which are operating illegally-would be great. Thank you for having the template for the ltter to send to PDL companies. Lastly, if they won't give you an address, what should be done?
-Gayle


Quote:

Originally Posted by Anonymous
I have several I'm hioping to pay off but had gone thru PDL Assistance, but recently realized most of my $226 per month was going toward their fees 7 not paying down my PD Loans. Now I have two companies calling me at work saying they're from an attorney's office & will be filing a lawsuit against me, one with my original $500 loan-now at $3000 with their added finance charges (I had closed my bank acct). These are Ameriloan & I don't know the other one's name-I had to quit answering their calls due to threats at work. My references have now been called and threatened by these also-telling them that they'll also be named in the lawsuit. My references are upset with me obviously & not used to these scare tactics. I'm working with LSS Credit Counseling which told me PDLs are the last of my worries (pay back list). So suggestions on where I can find out which are operating illegally-would be great. Thank you for having the template for the ltter to send to PDL companies. Lastly, if they won't give you an address, what should be done?
-Gayle


well AMERILOAN is totally illegal,and chances are great that anybody attempting to collect is illegal as well.try to recall how much was debited before default on the 500.00 loan.anything,and i mean anything that was debited goes toward the loan.so you not only owe 3,000.00,but you more than likelt don't owe 500.00 either.also try to see from old statements the name of the other lender.we can help further from there.


lrhall41

Submitted by paulmergel on Wed, 04/14/2010 - 09:59

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