Payday loan nightmares
Date: Tue, 08/03/2010 - 22:18
I live in Washington State and have accumulated 7 PDL's over the past year while trying to help my child stay in college. Ultimately, the child could not find work near the college and has come home, found part time work and will start school locally again this Fall. In the meantime I am unable to live off the salary that is left after the money is taken out each month for the pdl's. Could you please give me some direction as to what I should do? I would really appreciate any help or suggestions.I have been reading some of the threads on this froum and they have given me some new hope to be able to work my way out of this nightmare. Here are the loans:
One is storefront: Moneytree: Borrowed: 700.00 Owe: 795.00
I believe the others are internet:
Magnum Cash: Borrowed: 923.41 paid: 912.06 Owe: 668.09
Fed. Bank of Del: Borrowed: 250.00 paid: 314.34 Owe: 104.78
One Click Cash: Borrowed: 350.00 paid: 791.00 Owe: 195.00
Paycheck Today: Borrowed: 500.00 paid: 1,675.00 Owe: 130.00
Eastside Lenders: Borrowed: 1,000 paid: 3,012.50 Owe: 1,425.00
Ace Cash Services: Borrowed: 350.00 Paid: 315.00 Owe: 455.00
Elastic.com:Borowed: 300.00 Paid: 131.25 Owe:270.00
Hi, the following lenders below are legal in your state, so you
Hi, the following lenders below are legal in your state, so you will need to make payment arrangements with them
Elastic
First Bank of Delaware
Moneytree
The lenders below are not licensed to lend in your state, that makes them illegal lenders,
Magnum
One Click Cash
Paycheck Today
Eastside Lenders
Ace Cash Services
All you should have paid these illegal lenders is the principal amount borrowed, they are not entitled to interest and fees due to the fact that they are not legal. CLICK HERE to find out how to deal with illegal lenders.
I would see if you can get the arrangements with the legal lende
I would see if you can get the arrangements with the legal lenders Shazz listed first before closing your bank account. Maybe you can send them a payment versus ACH debit. Then you can close the account and protect your money from the other five illegal lenders, best of luck!
All of your illegal lenders have been over paid, therefore, you
All of your illegal lenders have been over paid, therefore, you need to close your account, it will never be safe again! Once you close this account you should be able to handle the legal lenders, payment wise. Please follow the instructions in the illegal lender thread, it will guide you through the process of resolving the payday loan cycle.
Could you please list the lenders that are licensed to lend in M
Could you please list the lenders that are licensed to lend in Michigan?
