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I am in need of desperate help.
I currently have 8 payday loans outstanding and when I get paid next Friday they will be taking their chunk of my paycheck. My husband is out of work and I am the sole provider for us right now. I am also looking for part time work.
My question is how can I prevent them from debiting my checking account next week without closing my bank account. If I stop the automatic deposit on my check then I will be hit with bounced check fees. I am at wits end with this nightmare.
I have signed up for the debt mgmt program and someone will hopefully call me tomorrow or later, but meanwhile if someone can let me know what to do.




I can see these payday loan lenders in their seedy backrooms counting the money they extorted from cash starved citizens.
Your shameless lending to people who can't afford it is pathetic. Why don't you as a payday lender offer real solutions to those who can't pay. How about accepting payments which reduce the principal and charging interest that is in line with the rest of the financial world. Instead you are all to willing to reloan the money with another fee of course. I suppose that's why you set up shop in states that have no regulations or offshore locations to avoid consumer protection laws. Do you notice how the payday loan companies are always finding "a way around something". They know full well their lending practice and collection tactics are wrong. Their legal status is murky at best. Do not let these companies push you around, fear is what they count on to continue taking money they should not have loaned out to begin with. You will not go to jail for defaulting, you did not commit fraud and I would like to see any online payday lender enforce a bogus voluntary wage assignment. Offer them a reasonable payment arrangement if they refuse tell them you will see them in court.

Sub: #1 posted on Tue, 08/12/2008 - 16:41

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THANK YO SO MUCH .. FABIO... I WILL CONTACT MY BANK NOW.. I GLAD I TALK TO YOU ..

Sub: #2 posted on Fri, 04/11/2008 - 20:22

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i dont know, as i did this myself. why do you want to consolidate if all your loans are illegal. Why pay hundreds of dollars in fees if you do not have to. You hardly owe any monehy to the pdls.

Sub: #3 posted on Fri, 04/11/2008 - 20:07

kashzan kashzan

(Posts: 5401 | Credits: 408.31)

CAN YOPU TELL ME IS THIS GOOD COMPANY WAS POSTED HERE IN ONE OR YOUR FORUMS. Town And Country Accepta Corp

Sub: #4 posted on Fri, 04/11/2008 - 20:05

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DO NoT contact these companies. they will debit forever and if the get a hint that you are thinking about closing your account you will get hit with fees every second. DO Not contact them. You must get the bank to put a hard debit block on your account. Until your account and money is safe there is no next step.

Sub: #5 posted on Fri, 04/11/2008 - 19:41

kashzan kashzan

(Posts: 5401 | Credits: 408.31)

LISTEN WITH THE NEGATIVE AMOUNT YOU THIKN THEY WILL DO IT ? I SEND EMAILS TO THIS COMPANIES NOT TO KEEP DEBIT MY ACCOUNT AND THEY STILL DO IT . WHAT IS THE NEXT STEP ....

Sub: #6 posted on Fri, 04/11/2008 - 19:37

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Your bank needs to put a hard debit block on the account. Go to the bank and speak only to the branch amnager. They MUST do this for you.

Sub: #7 posted on Fri, 04/11/2008 - 19:21

kashzan kashzan

(Posts: 5401 | Credits: 408.31)

checkin accounts is another mess. my checkin account is in a big whole is negative. this people kepp summint debits to the account. i went to talk to the a person in the bank she told me only way to closed it is to be positive i requested to be block for debits but she told me she wasent sure about that because the account was negative.. she put only deposit but debits still comin from this companies she told me if the bank is negative for 1 month it will be close. in get reported to the checkex somethin like that . what is m y options. thnks so much.....fabio...

Sub: #8 posted on Fri, 04/11/2008 - 19:15

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You are not in such a terrible mess at all. First the good news. Pay day loans are illegal in NJ. I will post the laws for you. All of your lenders have lent to you illegally. All you are morally obligated to repay is the exact amount that you borrowed. Not a cent more. First you need to close your current checking account so these people can not get any more of your money.Once your account s safe(open a new one but do nit give that number to anyone) we will give you a letter to send to these comoanies. You can then staRT to repay them on your terms. No need for consolidation. You can do this on your own.

Sub: #9 posted on Fri, 04/11/2008 - 19:08

kashzan kashzan

(Posts: 5401 | Credits: 408.31)

instanloanstoday= 500= pai 0
911quickloans 500- paid 150
little shop loan= 200 paid 240
sometme comapny i dont know name 200 paid 180
The Loan Shop On line 300 paid 90
horrible mess im .. can you tell me what are my options ... i lived in nj ? any company that takes paydayloans deb? thank you... fabio

Sub: #10 posted on Fri, 04/11/2008 - 19:02

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