Just Getting Started on PayDay Loan Ills
Date: Tue, 11/08/2011 - 11:49
Have read some of the other folks' issues; am wondering where to start, or more likely HOW to start. I'm in PayDay DRAMA for sure. Not sure if all of these are "legal" in California, wondered if anyone knew offhand.
Beacon Financial borrowed $200 10/4/11, have paid $178 in fees
VIPLOANSHOP borrowed $300 10/6/11, have paid $45 in fees
Anasazi Group borrowed $300 twice (5/20/11 and 8/26/11), have paid off once at $90, $390, then 4 more $90
Vista Group borrowed $300 10/17/11 no fees paid as my account overdrawn for fees
Mass Street Group borrowed $300 10/19/11 no fees paid as overdrawn
LOANSHOP/WOODLAN borrowed $150, fees are 22.50 but none paid yet
American WebLoan borrowed $400 5/31/11 have paid $1060 and owe $150 now
I bank at Wells Fargo and have been told my overdrawn account (-$343) must be paid current then they can close. I also owe two months rent (Oct and Nov) and feel I can't take the $450 or so paycheck (going live this week) to put towards closing the bank account as I need to put it towards my rent ($950 a month).
Any suggestions???? I feel pretty stupid that I went the route I did, but am trying to recover from this. My finances are an absolute disaster!
Thank you to any assistance/suggestions.
Best,
ponymel
Beacon Financial borrowed $200 10/4/11, have paid $178 in fees
VIPLOANSHOP borrowed $300 10/6/11, have paid $45 in fees
Anasazi Group borrowed $300 twice (5/20/11 and 8/26/11), have paid off once at $90, $390, then 4 more $90
Vista Group borrowed $300 10/17/11 no fees paid as my account overdrawn for fees
Mass Street Group borrowed $300 10/19/11 no fees paid as overdrawn
LOANSHOP/WOODLAN borrowed $150, fees are 22.50 but none paid yet
American WebLoan borrowed $400 5/31/11 have paid $1060 and owe $150 now
I bank at Wells Fargo and have been told my overdrawn account (-$343) must be paid current then they can close. I also owe two months rent (Oct and Nov) and feel I can't take the $450 or so paycheck (going live this week) to put towards closing the bank account as I need to put it towards my rent ($950 a month).
Any suggestions???? I feel pretty stupid that I went the route I did, but am trying to recover from this. My finances are an absolute disaster!
Thank you to any assistance/suggestions.
Best,
ponymel
None of your lenders are legal. Beacon Financial borrowed you
None of your lenders are legal.
Beacon Financial borrowed you owe $12.
VIPLOANSHOP borrowed you owe $255.
Anasazi Group owes you $150.
Vista Group you owe $300.
Mass Street Group you owe $300.
LOANSHOP/WOODLAN you owe $150.
American WebLoan owes you $640.
Follow the advice in this thread. If you can't close your bank account due to the overdrafts, ask them to put the account on deposit only status until you can bring it to $0. Ask your bank if they can reverse any of these fees for the ones who've taken more than you owe - ask them to reverse the most recent debits for the same ones too.
Pay your rent first, then pay the other stuff.