Cash Transfer Centers - trying to end this PDL cycle
I have been in the PDL trap for about 8 months now, and it's come to a point where I need to end it or risk losing a lot more than some money to fees.
I have PDLs outstanding with two companies, one of which is Cash Transfer Centers (as most of you know: a/k/a Northway Financial Corporation, etc.). I have done extensive research on the laws in my state with regard to PDLs. The first company (I'll call them "NOT CTC") has been nothing but helpful to me in resolving my situation and has abided by all state laws regarding allowing me to enter into an installment payment program to pay off my outstanding amount. CTC's answer to me, despite state law, was of course, "No, the loan is due in full on xx/xx; but you can immediately reloan." Well, that's great - except I don't WANT to reloan, as the exorbitant (not to mention illegal) interest and fees they charge have only exacerbated my debt situation.
So, I have spoken with my bank, and the branch manager has kindly placed a freeze on my account until I can figure this out. All of my other outstanding checks/debits have cleared, so I am comfortable with that. I have also spoken with my payroll department regarding the possiblity of these crooks presenting an illegal Wage Assignment to them. I've been assured that unless the document is from a specific agency (Friend of the Court, other official agences), there must be a court order, otherwise, they will not honor the Wage Assignment. I am filing a complaint with the State's AG, as well.
One thing I would like to know, if anyone has an answer - I am willing to pay these people (in installments I can afford, so as not to take food off my family's table) what I owe them, but now that I am looking into the laws in my state, and I have spoken with the OFIS (Office of Financial and Insurance Services) regarding CTC's illegal fees, over the course of several months and several loans with them, I have already paid CTC more in illegal fees than I currently owe them. Does that count for anything? Can I recoup that money somehow?
Is there one specific address that is better than another for Northway Financial Corporation Ltd. to send my Revocation of Wage Assignment and Revocation of Authorization to Debit Account letters to?
Thanks for any help!