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Debt Consolidation Forums Payday Loan help

pay day loan cycle



apex4

Sub: pay day loan cycle
Fri, 13/07/2012 14:18

i live in north carolina . i have had many payday loans. im haveing a hard time making the payments. all my paycheck and more goes to the loans. today i added up what i have paid on each loan. i would have paid many of the loans off, since i only pay the biweekly fees. what can i do to cosolidate all the loans or do i have any other options. this cycle has been going on for several years.



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Sub: #1 hello,I want to give you an update. I have 3 pdls to settle, extFri, 07/13/2012 - 14:18



hello,I want to give you an update. I have 3 pdls to settle, extrafunds, sdsprocessing,spotonloans. cashjar text me, my account would be sold and needed to pay 37.50 by friday. unitedcashloans, usfastcash, amerilon, Nationwide allows me to log on to my account ,but to call customer service. Cashtransfercenter will not allow me to log on, no response so far either. Have not had a response from paydaymax, loanshop,minutefunds,cpinvestor.goldlinefunding. Signmyloan.net is sending a refund. I will keep you posted. I cant thank each one of you enough. Finally starting to breathe. OH what a feeling. :)


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Sub: #2 hello, thanks, ameriloan has not responded. i logged onto my accThu, 07/12/2012 - 17:41



hello, thanks, ameriloan has not responded. i logged onto my acct and it still has a balace, not closed. i logged onto unitedcash and the acct is closed and i need to contact them for any futher detail. i will be willing to answer any questions i can. thanks and good luck


banaag367
banaag367
Posts: 4
Credits: 208.85 Send message to banaag367

Sub: #3 hello there. congratulations on closing 3 of the accounts you obThu, 07/12/2012 - 16:56



hello there. congratulations on closing 3 of the accounts you obtained from these illegal pdls. Can you please let me know if 2 of these accounts happen to be ameriloan and unitedcash loans? i have loans with them and have yet to do my C&D letters.

i live in NJ and internet pdls are also illegal in my state.

thanks a lot.


Unregistered

Sub: #4 hello, i emailed all pdl. i have herd from 3 responses of the 15Thu, 07/12/2012 - 14:54



hello, i emailed all pdl. i have herd from 3 responses of the 15. All 3 that have responded have closed my account. will keep you posted on the others. thanks for all your efforts.


kscornell
kscornell

Posts: 4283
Credits: 47203.210550976 Send message to kscornell

Sub: #5 I would give them your PO box--but if it was me, I would tell thFri, 07/06/2012 - 16:31



I would give them your PO box--but if it was me, I would tell them only to contact me via email. More secure that way.


Unregistered

Sub: #6 moderator, As i gather all the information to send to the lenderFri, 07/06/2012 - 13:47



moderator, As i gather all the information to send to the lender. my loan documents have my old address. i recently moved and had to get a PO box. i live in the same area only a few miles from my old address but in a differernt zip and town. should i give them my new address. thanks


Unregistered

Sub: #7 I am so thankfull for all the response that has come my way. I Fri, 07/06/2012 - 10:54



I am so thankfull for all the response that has come my way. I will be closing my checking acct on monday, at that time i will email all lenders the document letters. i will keep you posted on what transpires. Finally with your help im headed on the right path. thanks


kscornell
kscornell

Posts: 4283
Credits: 47203.210550976 Send message to kscornell

Sub: #8 Put it this way: everytime you went in to pay, you took out a neFri, 07/06/2012 - 08:24



Put it this way: everytime you went in to pay, you took out a new loan, right? Take the original loan amounts that you have more than paid back, then add all of the fees for the subsequent loans--THAT is what you should be asking to be refunded. So if your original loan amount was $300 and you have paid $1000, you are owed a refund of $700.
Hey and don't be ashamed of the amounts you have paid. We have all probably paid more. Be proud of the fact that you are doing something to get out of the Payday Cycle--and will at last have control of your money!


OhioGal1
OhioGal1


Debt Samaritan
Posts: 5217
Credits: 74629.696477606 Send message to OhioGal1

Sub: #9 Absolutely. I mention that in the steps. Add up all of your Fri, 07/06/2012 - 05:54



Absolutely.

I mention that in the steps.

Add up all of your previous loans when you're figuring out how much was deposited vs. how much you paid. Ask for a refund of the total amount overpaid.

How to Deal with Unlicensed/Illegal Payday Lenders - Step by Step Instructions

I am not an attorney. I am not offering legal advice. The information and ideas I share are my opinion only and do not necessarily reflect the opinion(s) of the owners of this website.


Unregistered

Sub: #10 hello, i have started the process. i have a new checking acct. Thu, 07/05/2012 - 22:02



hello, i have started the process. i have a new checking acct. my bank manager knows my situation. once i have some oustanding transaction clear my old acct. my bank will close the checking.i also talked with NCAG and they told me the same steps as in your template to do. i have all details on each loan. now i am prepairing to email and mail the documents from the template the you have provided me to follow. i do have one question. i have had many loans with the pdl.s. some over 4 year, im ashamed to tell the total amount of fees that were paid toward the loans. can i ask for a refund on the total i have paid on all the loans. or does my situation apply to the current one im paying on now.it just sickens me when i sat down and added up the total amount of money ive paid. also i have always made the required payments to each pdl. i will keep you posted. again; thank you!


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