Wisconsin PDL...

Date: Thu, 04/19/2007 - 17:18

Submitted by anonymous
on Thu, 04/19/2007 - 17:18

Posts: 202330 Credits: [Donate]

Total Replies: 3

I'm trying to get out from under too! Superior debt relief from this site is helpiong me with my unsecured debt, but Iwas dissapointed to learn that the PDL could not be included. I'm in the middle of making payment arrangemetswith them...but its so overwhelming! When I looked up my state...it really said nothing that I understood. I have paid for at least 1 1/2 yrs on these, but if each one is a pyoff then retake, are these fees accumlative?

Cash Todsy--423

ChecknGo--725

Check Advance--1225

SprrdyLoan--485

Security Finance 800

I'd appreciate any help or info...Im on disability and my brain gets muddled very quickly!
Thanks,Martie

What state are you in? How much did you borrow from each company

What state are you in? How much did you borrow from each company and how much money have you given them? Also which ones are storefront and which ones are internet?

lrhall41

Submitted by Leah on Thu, 04/19/2007 - 17:27

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Citation: Wis. Stat. ???? 138.09 Loan Terms: Maximum L

Citation:
Wis. Stat. ???? 138.09

Loan Terms:
Maximum Loan Amount: Not Specified
Loan Term: Not Specified
Maximum Finance Rate and Fees: No Limit
Finance Charge for 14-day $100 loan: No Limit
apr

Unfortunately you live in a state where the laws are very nonspecific..I would contact the number above and ask them what course of action you can take to resolve the matter...

lrhall41

Submitted by Leah on Thu, 04/19/2007 - 17:32

( Posts: 2322 | Credits: )

Martie, I am from WI and I am working with the DFI right

Martie,
I am from WI and I am working with the DFI right now about payday loans. First you need to take care of the store front loans, they are licensed in WI so they can and will take you to court. Second, the DFI is going to ask you how you went about to get these internet payday loans, did they send you an e-mail? Or did you do a search for them? Because if you did a search then she can only help you with the interest. But if you got an e-mail then they have to be licensed in WI to lend to you.

If Check n go is a store front you can let the check go back to them nsf and they will keep it in the store for 90 days before they turn it over to a 3rd party collections. I had mine default back in nov. and they still have it in the store.

I had so many store front and internet loans that my bank closed my checking account and then all of them went nsf. That was probably the best thing that could have happened. Because I was paying over $3,000 per month in just roll over fees. Now I am putting that money where it is supposed to be, my daily living expenses.

So I would close your checking account and tell any store front loans what your situation is and try and make payment arrangements with them. Let them know that if they deposit your check it will come back. Then they can only charge you 1 nsf fee and a late payment fee, which usually comes up to $25 and then the interest stops. SO then everything you pay them will pay down your loan.

But please contact Kathleen Hanna at 608-264-7969 and explain your situation and she will let you know what to do. You can also tell her that Danielle told you to contact her reguarding your payday loans.

If you have any other questions you can ask or PM me I can try to help.

lrhall41

Submitted by puddlejmpr on Thu, 04/19/2007 - 20:05

( Posts: 1634 | Credits: )