Help for PDLs in Oregon
Date: Fri, 07/06/2007 - 09:11
Help for PDLs in Oregon
I'm wondering what company to talk to, because the last one I talked to told me they couldn't help me with Cash Call. But people here have said they'll help with other payday loans. And I just recieved another call where I was told, they don't work with payday loans and especially not cash call.
I've looked at doing it myself, but I can't do anything with my bank, as I'm overdrawn. They can't put a stop to the Internet Payday Loans, because they can't charge me the fee if they know I'm over drawn. I just had my dad put in $1000, and when my rent and car payment go through, I'll be back down there again and that doesn't include any of my other bills, most of which are overdue now. I can't put a full stop on my bank because then my car and rent won't go through and I'll be in serious trouble there. As well I wouldn't have access to any money and would be equally as screwed. I can't go to prosper because I already have a loan from them, and my girlfriend can't get one because her credit is too bad. Even some of the newer peer to peer I can't use because they either aren't in my state or I'm not a college student. I can't get a loan from a bank because of my recent bankruptcy and I can't secure it.
Does anyone know of rich caring giving people who loan money if you can't provide me a consolidation company to work with. All I have is the payday loans... I'm getting desparate and don't know what to do anymore....
I believe loan point and Ez are illegal. I know MyCashNow is.
I believe loan point and Ez are illegal. I know MyCashNow is.
You really need to close the account but BoA can be hard to work with. Even if you close the account when the ACH hit they will open it back up.
You have to be clear that it is to close and not reopen.
Many posters here have had major problems with them. The only way that some were able to get help was to file a complaint. My best advice to you is to speak directly to a bank manager. Do not take no for an answer.
You have the legal right to revoke any ACH three days before it is due to post. Write up your letters to the illegal PDLs. You can find an example here. Scroll to the 13th post to find it. Change the information on the letter to reflect your information and state laws. The letter includes the ACH revocation and wage assignement revocation statements.
Take them to the bank with the federal law that states you can revoke the ACH. You can find that here under 3(c).
Tell the bank manager that you have been dealing with these illegal lenders and although you have sent them those letters they are still debiting your account illegally and you want it closed down to stop them. You want it frozen solid. No ACH withdrawls what so ever from any company.
Do not take no for an answer. Demand they close it. It is your right and if they don't you are going to report them. Be ready for them to deny your request and give you the run around. Stand your ground.
BoA are horrible when it comes to these things.
If you want to open a new account with them then that is your right but I suggest you find a new bank.
After the account is frozen/closed then send out the letters to the PDLs.
If you send the letter before your account is closed they will debt many times each and for all kinds of amounts.
For the legal lenders. Once you account is secure you can make payment arrangments with them.
For the illegal lenders you only owe what you borrowed. Any fees or rollover charges go toward that amount.
