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Can anyone give me advise on the laws in Florida?

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I can not answer your messages because you did not register. Please post your questions here so I can help you. We have been looking for your original thread and we can not find it. Probably you added on to an old thread. We are here to help, but can not find you




MORELAND_ISHMAEL
Posts: 22
Credits: 805.45

Sub: #1 Here is my orignal post Can anyone give me advise on the laws
Wed, 10/17/2007 - 09:20

Here is my orignal post

Can anyone give me advise on the laws in Florida. I too have been caught up in the web on internet loans. Right now I have 10(I didnt even realize I had taken out this many) loans out and its killing me, there going into my account on days they know are not my paydays and my bank is killing me with fees because the money is not there, any help is greatly appricated.
The companies I used are
paydayloan-yes-260.00(extend 3 times at $60 each time)

e-paydayloan- 260.00(extend 3 times at $60 each time)

loanshoponline-$260.00 (extend 3 times at $60 each time)

loanpointusa-$260.00 (extend 4 times at $60 each time)

intermcash-$300-(extended 4 times at $60 each time)

Quickest-Cash-Advance-$300((no longer extending account in default)

usapaydayloan-$300((no longer extending account in default)

unitedcashloans-$480(no longer extending account in default)

applefastcash-$300(extended 3 times at $90 each time)

InstantCash911-$400(extended 2 times at $120 each time)
_________________
My question is what step can I take before the blood suckers attack my bank account on friday?




kashzan
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Credits: 40830.4

Sub: #2 You will find the Payday loan laws for Florida here (just select
Wed, 10/17/2007 - 09:24

You will find the Payday loan laws for Florida here (just select your state),
http://www.debtconsolidationcare.com/paydayloan/explain-p dls-laws.html
When you say extened three times are you saying that you have only paid the fees.




eleroo
Posts: 1220
Credits: 15392.3

Sub: #3 Hi. Welcome to the community. :-) For immediate results, you wil
Wed, 10/17/2007 - 09:36

Hi. Welcome to the community. :-) For immediate results, you will probably have to close your bank account and open another one at a different bank. You will also probably want to get your employer to pay you with a "live" check on Friday so that you can take it to the bank and cash it yourself. This will keep the ipdls from getting to your money. BUT, this is only the first step. Please answer Kash's question about the extensions. Also, try to relax because there is a way out of this. :-)




MORELAND_ISHMAEL
Posts: 22
Credits: 805.45

Sub: #4 yes I just paid the fee's, plus interm cash just left a message
Wed, 10/17/2007 - 09:42

yes I just paid the fee's, plus interm cash just left a message at my job stating if I dont call them back they will take legal action against me. Can they do this?




eleroo
Posts: 1220
Credits: 15392.3

Sub: #5 No. They are most likely not legal or licensed anywhere. This so
Wed, 10/17/2007 - 09:46

No. They are most likely not legal or licensed anywhere. This sounds like an idle threat to scare you. Also, remember that per your laws, criminal action is prohibited. I think that you need to send all of the pdls a cease and desist letter along with a wage assignment revokation letter so that they don't try to send something to your hr department to have a part of your wages sent to them. This is completely revokable, and I don't even know if you signed one. But, to be on the safe side sending something saying "I revoke all wage assignments that may have been previously authorized" will keep them from being able to get anything. They will try these kinds of tricks, so it is just better to be prepared for them.




kashzan
Posts: 5401
Credits: 40830.4

Sub: #6 Please read the following before you close your account. There c
Wed, 10/17/2007 - 09:48

Please read the following before you close your account. There could be ramifications to closing it which would only give you more problems




eleroo
Posts: 1220
Credits: 15392.3

Sub: #7 Also, per your state laws, I see that you should only be charged
Wed, 10/17/2007 - 09:50

Also, per your state laws, I see that you should only be charged $15 per $100. In most cases, you were charged $20-$30 per $100. Also, rollovers are not permitted, per your state's laws. If you were allowed to extend your loan, then the laws were broken anyway. So, add up all that you have paid to each pdl and let us know what you have come up with. You probably don't owe nearly the amount that you think you do.




MORELAND_ISHMAEL
Posts: 22
Credits: 805.45

Sub: #8 Ok im going to call my bank and see if the can stop the ach tran
Wed, 10/17/2007 - 09:55

Ok im going to call my bank and see if the can stop the ach transactions, hopefully they will work with me so I can erase the negetive $300 in fee's I have thanks to the blood suckers going into my account on days they know arent my paydays




kashzan
Posts: 5401
Credits: 40830.4

Sub: #9 Ask them to put a hard block on your account for all ach debits.
Wed, 10/17/2007 - 09:57

Ask them to put a hard block on your account for all ach debits. I know that you can not close your account at this time, so at least a hard block should help.




MORELAND_ISHMAEL
Posts: 22
Credits: 805.45

Sub: #10 Ok I'll do just that. Man I wish I found you guys months ago, I
Wed, 10/17/2007 - 10:01

Ok I'll do just that. Man I wish I found you guys months ago, I will be spreading the word about you guys.




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