Preparing to stop paying on pdls - Oklahoma

Here is the link to your state's pdl laws:http://www.paydayloaninfo.org/state_detail.cfm?id=OK
I would close the account now and open a new one before you rack up NSF charges. They will probably call you at work if you don't accept their calls at home. You also need to send them a settlement letter, it may be that you have already paid back the principal and legal interest rate due to all of the roll overs you have been doing, (roll overs appear to be illegal in OK) You also need to file a complaint with your state's AG. I will post the link to Polly's settlement letter, you will need to demand they mark your account paid in full and state that you have already filed formal complaints with your AGs office, also, insert your state's pdl laws in the letter.

Here's the link to Polly's letter. They will probably threaten you with fraud charges, arrest, etc....don't sweat those threats, they are lying and it is illegal to make such threats to collect a debt. Just stand your ground with them and they will back down. You may have to fax, e-mail, and usps these letters multiple times. Some people have sent them multiple times a day by fax and e-mail until they settled with them. http://pollyandsay.yesdebtfree.org/template-letter/

Thank you very much. I did register before - but for some reason I can not log in under my previous email email address removed as per forum rules - Mike
. Anyways, I am so excited to be able to breathe. I work in a small office - 10 of us and 5 that answer the phones. We are pretty tight niche group - I will prepare them for the battle to come. I will also prepare my complaints with the AG, BBB, and FTC. I have got my armor on thanks to this site.

Just tell them that somebody stole your identity and took out loans in your name and now they are after you to pay up and you are working on getting the matter cleared up.

Yeah, that's what I told my co workers when they started to call my work. It happens so much nowdays your co workers will believe you. Some of the companies you mentioned will tell anyone they get on the phone the details of your loan, so be prepared. They get pretty nasty. They will tell you co workers to expect the police any minute as you are about to be arressted to felony theft, fraud, and all sorts of other lies . . . .

Is your Cashnet: Cashnet500 or CashnetUSA? i've delt with both and they are VERY DIFFERENT!!!

I did the same thin and I have to tell you there is no better feeling than getting that first FULL paycheck. I'm going to PM you with some information

Thanks Mike for watching out for my email address, didn't think about it being public. Ok. I also found this fabulous document at - http://www.consumerfed.org/pdfs/Internet_Payday_Lending113004.pdf (hopefully it is ok to post a link), I am still reviewing it but is packed with some good info.

I hear you! I just prepared my letters, and will be sending them shortly. I am prepared to battle!

Good luck.

Thank you for the responses. I am so excited to be free of this mistake. I will definitely inform my co-workers of the possible threats.

Would someone kindly PM me a copy of their completed letter submitted to an internet pdl? I want to ensure I have completed the letter correctly. Thank you very much.

I told my boss the same thing that someone stole my id.. :D and I was trying to fix the issue.. and i am sorry about any calls that come in..

My husband has cashnet usa coming out of my account and I am trying to stop it and can't, I have closed my bank account and they keep racking up NSF charges. What can I do? they have taken out way past the loan we took with them and now they want the full amount.

Have you contacted Cashnet about this loan? What state are you in? How much have you paid them and how much did you originally borrow? Post this information and we will be able to assist you further.