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[size=3][/size]What should I do now. I am back in the hole again after last year problems thought I had it handled. I ended up being out of work for a few weeks with reduced pay but had to make payments for my chapter 13, rent and insurance coverage. I used the pdl again and now I am in hell again. I basically live paycheck to paycheck. I figured I can pay my regular bills and expenses and have 230 left to pay for anything else. I called a credit adviser in nebraska and told them my problem. $799.52 total in pdl at 2 storefronts and $1040 in internet pdl at 3 sites. Reading the information here it looks like I am over charged on those. I been paying $480/month of fees for the pdls online. I owe $1250 in credit cards right now too. After I gave them this information, I bring home 1440 a month 1200 goes to real stuff like rent, chapter 13, food , etc credit union loan and to another debt advisor on old bills. I am tapped out. They want me to pay $430 a month for a year. I can do $230 but not $430. I am already negative now for my next check. I need to cover my rent and phone and chapter 13. What should I do?[size=6][/size][color=DarkBlue][/color] :cry: :cry:

I put a hold on one of my bank account and that is working but the credit union is not helping. The majority of my check goes into the credit union, the rest goes into my bank acct. I need some help by Monday please and thanks....




It's probably too late for Monday, but before your next paycheck, can you stop it from going to your credit union since they are not being helpful? If nothing else, cancel your direct deposit, get a paper check, and go to Wal Mart or someplace else and cash it.

Hopefully, someone else can give you some other advice!

Sub: #1 posted on Sun, 08/03/2008 - 06:50

alias1958 alias1958

(Posts: 1230 | Credits: 79.88)

[size=3][/size] :cry:

All the paychecks now are direct deposit to a bank or credit union now. It is something a lot of large companies do now.

Sub: #2 posted on Sun, 08/03/2008 - 07:08

drkreaver69 drkreaver69

(Posts: 23 | Credits: 10.47)

What about changing it to go into your bank account, instead of to your credit union account?

Sub: #3 posted on Sun, 08/03/2008 - 07:42

alias1958 alias1958

(Posts: 1230 | Credits: 79.88)

it will take 2- 4 weeks to do that. I found out something else on those internet and storefront pdls. If you do the storefront ones they can convert to ach deposits and the internet ach deposits and convert to paper deposits, how ironic is that. Also when you do a internet loan and sign the ok, you set yourself up to spam by all the other internet pdl. I thought they had a database to keep track on that stuff.

Sub: #4 posted on Sun, 08/03/2008 - 08:51

drkreaver69 drkreaver69

(Posts: 23 | Credits: 10.47)

Well, I'm not really an expert on PDLs, but from what I've read here, if you can't close your account and you can't stop your direct deposit, then the best thing to do is to go into your branch, talk to the branch manager and get a hard hold put on your account. I believe this means that only deposits will go through and you will also not be able to access your money except by going to the branch and withdrawing it. Many banks will tell you that they can't do a hard hold, but if you are persistent, you should be able to get them to do it.

Usually, you would be advised to close your bank account, THEN revoke ACH authorization with the PDLs, but since your deposit is going to hit Monday and the ACHs will probably also hit on Monday, you may not be able to stop them before then.

Have you already checked on whether your PDLs are legal in your state so that you know which ones you will need to make arrangements with? If any of them are members of CFSA, they are required to offer you an EPP, which would allow you to pay them off in four equal payments. You have to request that at least one day before your payment due date.

Hopefully, someone else will be along with some additional advice for you!

Sub: #5 posted on Sun, 08/03/2008 - 09:33

alias1958 alias1958

(Posts: 1230 | Credits: 79.88)

oh, sorry did not specify deposit date. I get paid Wednesday on the 6th, I just was asking for monday so I can start preparing myself before wedesday come up.

Sub: #6 posted on Sun, 08/03/2008 - 09:44

drkreaver69 drkreaver69

(Posts: 23 | Credits: 10.47)

I am from Nebraska drkreaver69 I pm'd you...

Sub: #7 posted on Sun, 08/03/2008 - 09:51

ladybug ladybug

(Posts: 2757 | Credits: 282.44)

Oh good, then hopefully someone else will chime in with some advice in time for you to do something! (Weekends can be slow with not as many people on the forum.)

You could try going to your credit union on Monday, talk to the branch manager, and insist that they help you. You might be able to close that account and open another one, and they may be able to "forward" your direct deposit to that account but not "forward" any debits. Here is some information on closing your bank account:

http://www.debtconsolidationcare.com/paydayloan/close-acc ount.html

Sub: #8 posted on Sun, 08/03/2008 - 09:52

alias1958 alias1958

(Posts: 1230 | Credits: 79.88)

thanks, I was just cleaning up my spam box of the payday loans offers, i tried to opt out but there was so many. I be on most of the night, I can't sleep regular because of this mess. It does not help either when i got job stress and dysthymia ( constant mild depression).

Sub: #9 posted on Sun, 08/03/2008 - 10:37

drkreaver69 drkreaver69

(Posts: 23 | Credits: 10.47)

Maybe you should change your email address too!!! :wink:

Sub: #10 posted on Sun, 08/03/2008 - 10:57

alias1958 alias1958

(Posts: 1230 | Credits: 79.88)

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