Illegal payday loans...what do I do?
Date: Wed, 12/19/2012 - 05:27
I have 2 current payday loans: ameriloan, star cash. I used ameriloan once before and paid them off. It ended up being $635 on a $350 loan. I was going through some more tough times in September so I used ameriloan again. This time they deposited $500. They've already drafted $745 from my account but I still owe $260 on the actual loan. My next amount due is $110 ($50 for loan repayment and a $60 fee).
I didn't even mean to get the star cash loan. They deposited $200 in my bank one day. I needed the money so I didn't dispute it. They've already drafted $60 from my account for the fee since I couldn't afford to pay any of the actual loan off.
I was online trying to figure out what I could do when I learned that payday loans are actually illegal in the state of NC. I had no idea. I knew that when applying for one the first time with ameriloan, one loan site wouldn't approve me because they weren't licensed in my state. I just assumed I need to find one that was and that's when I found ameriloan.
What do I do? I've already paid ameriloan $530 more than what I owed them on both loans. I still owe star cash $140 if you say the $60 went towards the loan. How can I stop them from taking more money? I there a way I can get my money back from ameriloan?
I didn't even mean to get the star cash loan. They deposited $200 in my bank one day. I needed the money so I didn't dispute it. They've already drafted $60 from my account for the fee since I couldn't afford to pay any of the actual loan off.
I was online trying to figure out what I could do when I learned that payday loans are actually illegal in the state of NC. I had no idea. I knew that when applying for one the first time with ameriloan, one loan site wouldn't approve me because they weren't licensed in my state. I just assumed I need to find one that was and that's when I found ameriloan.
What do I do? I've already paid ameriloan $530 more than what I owed them on both loans. I still owe star cash $140 if you say the $60 went towards the loan. How can I stop them from taking more money? I there a way I can get my money back from ameriloan?
You need to revoke ACH in
You need to revoke ACH in writing immediately to stop the lenders from taking money out of your account. Send one copy to your bank and the other to your lender.
File complaints with the AG and the FTC.
