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HELP PLEASE !!! Paydayok and other pdls are torturing me!

Date: Tue, 06/26/2007 - 06:48

Submitted by anonymous
on Tue, 06/26/2007 - 06:48

Posts: 202330 Credits: [Donate]

Total Replies: 5


I live in Florida and have three pdl loans with PaydayOk, USFastCash and UnitedCashLoans. After reading other posts, I sent all three the appropriate letters (thank you guys for providing copies) and closed my account to stop them from continuing to post debits. I haven't heard a single word from them. What now?

PaydayOk is the only company that has responded via email. However, even though I've paid over $900 on a $500 loan, they stated that they could not accept partial payments and would apply any payments I made BUT that my balance would accrue daily interest! Can they do that? Are they even licensed in Florida?


Welcome to the forum! I'm not very familiar with pdl's but i'm sure someone will be along who has much more knowledge to help you. I'm thinking if u have already paid back a LOT more than what u borrowed, ur done with them but hang tight someone will be along shortly!
Good Luck and welcome,
ANg


lrhall41

Submitted by Ang on Tue, 06/26/2007 - 06:56

( Posts: 2306 | Credits: )


Keep putting the pressure on them. Let them know you will only communicate with them in writing so that you can keep accurate records. I am also in the middle of trying to settle with UnitedCashLoans and they are NOT easy to work with. They will bleed you dry if you let them. But they can't do anything to you. Just make sure you don't give anyone access to your new bank account. Good luck. :-)


lrhall41

Submitted by eleroo on Tue, 06/26/2007 - 07:30

( Posts: 1220 | Credits: )


Payday OK will back down once they know that you know the laws. File a complaint with your AG and let them know that you have done so. Also let them know that you have overpaid them and you would like your account marked paid in full. It will take a couple emails back and forth but they will eventually mark you paid in full. PM me if you need help in dealing with them.


lrhall41

Submitted by Sassnlucy on Tue, 06/26/2007 - 07:33

( Posts: 2698 | Credits: )


Stay after them like Sass says. They are no longer in business in this state. Please send in complaints to your Attorney Generals office consumer divsion. ASAP. The more complaints lodged the better. Keep us posted on your progress. Best Wishes KYSIDE38


lrhall41

Submitted by KYSIDE38 on Tue, 06/26/2007 - 07:54

( Posts: 2477 | Credits: )