Need Advice PLEASE!

Date: Fri, 06/29/2007 - 13:13

Submitted by Racer87
on Fri, 06/29/2007 - 13:13

Posts: 29 Credits: [Donate]

Total Replies: 7

We are dealing with Check n Go online here in WI where there are some store front Check N Go's the problem we have is we closed our acct about two weeks ago to try to get our life back have also taken care of 3 storefront pdls and got our mortgage,auto loans, utilities caught up. Now we have not heard anything from Check N Go online (First Bank of Delaware) untill today demanding payment TODAY or else! The orig. loan amount was 1200 have paid them 1320. The guy we talked to told us that a payment of 330 had to be made TODAY or they would pursue further action. When asked what the balance is on the loan he would not tell us unless we agreed to commit to pay in full today. Just because there are store front CNG in WI does that meen that the online CNG thru the First Bank of Delaware is licensed here also and if so what advice does anyone have as how to handle this? He also would not set up any type of payment plan to get this taken care of!
any advice is appreciated dealing with this is a nightmare!!!
Thanks

Here are the laws for the state of Wisconsin (just select your s

Here are the laws for the state of Wisconsin (just select your state). They seem to be extremely limited but I have read in other threads that they are agressive against PDLs. Hopefully there are some Cheeseheads (just kidding) on here that have better knowledge!

http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html

lrhall41

Submitted by Frogpatch on Fri, 06/29/2007 - 13:30

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Anybody have dealings with these guys? Check N Go online (First

Anybody have dealings with these guys? Check N Go online (First Bank of Delaware) Also found this:

http://www.pliwatch.org/news_article_060222A.html

lrhall41

Submitted by Racer87 on Fri, 06/29/2007 - 15:31

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This could be a serious blow to many PDLs. Wilmington is a hub f

This could be a serious blow to many PDLs. Wilmington is a hub for several of these companies. If the FDIC is stopping the First Bank of Delaware they will probably take aim at others as well.

lrhall41

Submitted by Frogpatch on Mon, 07/02/2007 - 05:15

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And correct me if I'm wrong, but I do think that First Bank is o

And correct me if I'm wrong, but I do think that First Bank is one of the biggest internet PDL lenders out there. This is a major blow to the industry--and about time!

lrhall41

Submitted by kscornell on Mon, 07/02/2007 - 05:32

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Still trying to find out what my options are on this? Is the on

Still trying to find out what my options are on this? Is the online CNG lic. in Wisconsin? We have paid them more than the orig loan amount and they will not give me a balance unless I agree to pay in full NOW! How can they do that!!

lrhall41

Submitted by on Mon, 07/02/2007 - 15:27

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I think that they are trying to play games with you. I would not

I think that they are trying to play games with you. I would not agree to anything without having a balance. How could they expect anyone to agree to pay something in full without even knowing how much it is?

lrhall41

Submitted by Sassnlucy on Mon, 07/02/2007 - 16:27

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debt

I totally agee how can you pay when you dont know what you owe... They are just messing with you. KYSIDE38

lrhall41

Submitted by KYSIDE38 on Mon, 07/02/2007 - 16:33

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