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PDL Help in Florida - Please Advise

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Note: I have already closed my checking account with Suntrust. Anyadvice for watchouts on them?

My loans and what ive paid so far are noted below,


Loan #1: Paycheck Today ($400/Paid $270)
Loan #2: Arrowead Investments ($300/Paid $180)
Loan #3: Magnum_Z ($300/Paid $270)
Loan #4: Lazer Lending ($300/Paid $270)
Loan #5: MW Marketing $300/Paid $270)
Loan #6: ImapctcASH ($350/Paid $0)
Loan#7: JD Marketing ($300/Paid $180)
Loan #8: Cash Advance Network: ($300/Paid $180)
Loan #9: United Cash Loans ($300/Paid $400 Plus)
Loan #10: East Side Lenders ($300/Paid $180)

I am considering joining PDLAssistance.

Any help i can get would be appreciated


Send me pms or follow up on this post. I really need some help.




Please let me know if any other info I n eed to provide.. I want to start working on this as soon as possible.

Sub: #1 posted on Wed, 07/23/2008 - 20:12

coulrophobic coulrophobic

(Posts: 28 | Credits: 5.21)

At your present situation, you can go for debt settlement which can give you a great relief.

As per PDL Assistance is concerned it doesn????????t seem to have a great reputation among the consumers. According to BBB, there are 10 complaints against them within a span of last 12 months.

In addition to this, there doesn????????t seem to be a good consumer feedback in our forum too. Click HERE to see a response from one of our community members who was enrolled with PDL Assistance.

In such a position you can discuss about the possible ways-outs with our community????????s professional expert, which is a free service HERE.

Sub: #2 posted on Thu, 07/24/2008 - 04:10

phoenix phoenix
Moderators
(Posts: 1444 | Credits: 275.38)

Hello coulrophobic and welcome to the community! I will post your pdl state laws, then either I or someone will go over these pdl companies to see if they are legal and licensed to lend in your state!

Quote:
Florida State Information

Legal Status: Legal

Citation:
Fl. Stat. Ann. ???? 560.401 et seq.; Rule 69V-560.901-912

Loan Terms:
Maximum Loan Amount: $500
Loan Term: 7-31 days
Maximum Finance Rate and Fees: 10% + verification fee
Finance Charge for 14-day $100 loan: $15
apr for 14-day $100 loan: 390%

Debt Limits:
Maximum Number of Outstanding Loans at One Time: One
Rollovers Permitted: None (cannot rollover)
Cooling-off Period: 24 hours
Repayment Plan: Yes

Collection Limits:
Collection Fees: All charges imposed on the lender by any financial institution; lender not entitled to treble damages
Criminal Action: Prohibited

Where to Complain, Get Information:
Regulator: Florida Office of Financial Regulation
Address: Division of Securities and Finance, 200 E. Gaines Street Tallahassee FL 32399
Phone: (850) 410-9805
Fax: (850) 410-9748
Regulatory Contact: ,

Sub: #3 posted on Thu, 07/24/2008 - 04:28

Shazzers Shazzers
Moderators Cum Industry Expert
(Posts: 17342 | Credits: 1592.8)

Just at a glance, it looks like most of your pdl's aren't licensed or legal to lend but more research is required to know for sure, unfortunately I am under time restraints this morning, but I am sure someone else would be most happy to assist you. I'm pretty sure you could do this yourself, instead of paying a company to do it for you. All it takes is a little research and persistence, that is what I would do. It's completely up to you though, some people care not to deal with it, while others do. Anyway, there are many people here who are willing to walk you through this, and believe me, there is a light at the end of the tunnel, so hang in there, someone will be along to advise you shortly. :)

Sub: #4 posted on Thu, 07/24/2008 - 04:33

Shazzers Shazzers
Moderators Cum Industry Expert
(Posts: 17342 | Credits: 1592.8)

Thank You all for your quick replies.

I actually think for some of these companies I may have overpaid (I have only been able to access some of my most recent bank statements) So I am sure Ive paid way more than what is legal to some of these companies. Any assistance in drafting the applicable letters (if Ive overpaid is a partial refund possible) and the addresses of where I need to send these would be immensely appreciated.

Sub: #5 posted on Thu, 07/24/2008 - 05:02

coulrophobic coulrophobic

(Posts: 28 | Credits: 5.21)

You can do this yourself Coulrophobic :) Atleast 95% of your PDLs are totally ILLEGAL! That will give you the leverage you need in dealing with these companies. Get educated in your state laws, file complaints, and demand your refunds! You will be fine, we are all here to help you :P

Sub: #6 posted on Thu, 07/24/2008 - 06:54

Cool_Abyss Cool_Abyss
Moderators
(Posts: 2936 | Credits: 173.61)

You can try for a refund, all they can say is no, but your chances increase of getting a refund if you file complaints and express a refund is due you. I wouldn't count on a refund though, make sure you demand a paid in full letter!

Sub: #7 posted on Thu, 07/24/2008 - 07:35

Shazzers Shazzers
Moderators Cum Industry Expert
(Posts: 17342 | Credits: 1592.8)

Positive side is most of your PDLs are illegal and UNDERPAID. Three are $30 short of being paid in full so you may be done with this before you know it. Like anyaroberts said, educate yourself, so study, study, study. Keep us posted and if you need help, just ask.

Sub: #8 posted on Thu, 07/24/2008 - 07:43

llw1995 llw1995

(Posts: 1422 | Credits: 149.02)

Can anyone please advise on the format of the letters I need to send and where to send them to for these lenders? I am not going to go through PDLAssistance and will do this on my own.

Can i try asking for refunds with PDL companies that I may have already completed a loan with that are illegal and is already paid in full?

Sub: #9 posted on Thu, 07/24/2008 - 13:35

Unregistered


Hang on a second, I'll look one up, I know I posted one a few days ago, I just need to find it. lol

Sub: #10 posted on Thu, 07/24/2008 - 13:36

Shazzers Shazzers
Moderators Cum Industry Expert
(Posts: 17342 | Credits: 1592.8)

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