Unsecured Payday loan sites, and I got hacked??? HELP?

Definitely file complaints with the federal agencies! Arrowhead isn't licensed to give you a loan, but many of these internet lenders never check which states they are lending to, and therefore run into trouble. I would contact your bank and inform them of the situation. It may be embarrassing, but they may be able to return some of your NSF fees to you and perhaps get a refund from the other pdl that hacked your account illegally. Let your bank know that you did not authorize this!

Ask your bank to contact their (PD6's) bank and obtain a copy of your contract authorizing them to withdraw funds. If you are confident that there is no such agreement on file, then your bank will replace your money and chargeback the item to PD6.

I did go to my bank and fill out the forms to have it investigated, and had a the block put on to stop any further unauthorized activity. The payday place that took the money from the account said they had authority to debit any account that I had to get repaid. I said well can you fax or email me proof of this , and I just got the standard smart butt reply of well if you printed the contract... I was like #1 you have all my information from my former NC residence, you have a checking account number that has been closed years ago, and what right did you have to go into this checking account with out my permission? I have only had this account less than 6 months.. infact I have only been back in this state for 6 months.. ( I moved back after a yr in another state) of course this conversation went no where I called the Fed. Trade Commission and filed complaint before I even went to the bank to file paper work.
I tried to call Arrowhead, and all I got was a automated jargin.. so .. I am assuming, since my phone bill was one of those bills that didnt get paid due to the draft, they will call me at work.. so I can promptly tell them.. sorry.. I got hacked trying to get a loan with you guys..
after all that, ok , so what is the rules on ok you cant lend in my state, but I still got the money.. so... how do I go about just paying what I got on somesort of payment plan , and just being done with them? any experiences on that?

oh sorry that was so run on .. but another question. when it comes loans, NC has a 3 yr statue of limitations when it comes to collection right? see below, so even if I was to try to go back and research this 3-4 year old " payday loan" and lets say ok yea I owed them, (however I dont believe I do) I am assuming it wouldnt pertain to them since they are out of some mid western state that probably has a 20 yr limit. (LOL sorry this is just too much for me to handle)

Express or implied contract, not under seal: 3 years.

Contract and sale of personal property under seal: 10 years.

Open account: 3 years, NOTE: Each payment renews the SoL on all items purchased within the 3 years prior that payment. If no payment is made, the SoL runs from date of each individual charge. Contracts: From date of breach or default, unless waived or performance under the contract is continued.

Judgments: 10 years

Payday loans are forbidden in North Carolina so why are you worrying about collections!

I am figuring that out now it used to be different here along (not so long) time ago.. LOL...But according to this company, they thought they had the right to take money out of my new account without my permission. I got a call from my bank , they gave me a ( but not the 200 bucks in nsf fees I now have to shell back out because of this mess, which they refuse to take off) and the bank saying it could take up to 90 days investigate, and if the result is the PaydayLoan place was in the right, they will deduct it again. That was BS regardless they did not have my consent, my signature my nothing and I shouldnt have to pay all those fees because of it! (they are suppose to call back on that one)
SO- in a nut shell I stupidly have a couple of pdl that need to be paid, well I just got them like 2 wks ago, and now due to this screw up, I wont be able to pay them as agreed, but now hearing that this is totally illegal, is there a rush to pay them back ? Or do I have time on my side or should I say well you guys should have known not to lend to anyone in NC.. your loss.... (kidding but I feel like saying that)

thanks for the input,
let me know if I am doing the right thing.

~PDLidiot... hopefully that name will change...

This is kind of scary, can they really do that? Just go into any checking account they can find and take "their" money? How is this not against the law, esp. if they illegal in the first place?

that is exactly what they did. When I called and asked them who they were and why did they deduct my account, I was told that a- I owed them for a pdl from 3-4 years ago, and that b- in the "contract" they had the right to debit any account that I had to collect if I did not pay.
I told them I didnt remember having an account with them and they said well of course it was almost 4 yrs ago.. well I said how did you get my account information ? they said they got it from my applying for a payday loan. I was like what??? they said the account number I used to have was sold off or changed banks and that since i applied for a payday loan and they "got" my new account number , according to the contract they "exercised their rights" to take the amount I owed them. I said did you send me something stating that you were debiting my account? did you call me to verify that you were debiting my account? they said no, I said then you did it illegally and with out my consent or permission. Of course the conversation went into circles, and I told them they had 24hours to fax, email or send me proof of their claim. NOTHING ! I called filed complaint with the FTC and I contacted the bank. I got the "provisonal credit" and they are investigating . I think the payday loan place called me too, I got a message to call this number , and when I did I got the same recordings and menus and such I got when I originally called to complain.

so I will call it back at lunch.. bet they are going to have a field day with me..

any suggestions on what I should say??? =)

You can always let them know you filed with the FTC and you know they are illegal in your state. If they want to play hard ball with you, you show them you can play at that game too! File with your AG and BBB as well!

as far as I am concerned about the one that took my money.. it is between them and the bank. I told my bank about what happened, and they should step up and take care of it. What do you think I should do about the couple of payday loans I got a couple weeks ago? I wish I never did it, but I was in a bind, and just did it those internet no faxing fuss ones. I mean had I never went online, I wouldnt have exposed my self to anything, but now i am in a jam again as a direct cause of that. any advice how to handle those ones I now owe?

and I forgot to name them.. arrowhead total now 390 and total lending-260 I just got them so I havent racked any fees yet.

Guest,

For Arrowhead you need to call 866-355-7308 and ask for ext. 111. Her name is Liz Giocondi. You will need to explain your situation to her and ask what you can do now. She worked very well with me and broke my loan up into 5 monthly payments, the payments were low. And all I had to do was mail them a money order. Yes I did still owe them money and thats why I set up arrangements. And after the arrangements were made they didn't try and debit my closed account after that. She sent me a letter stating the dates and amount I needed to send in.

First of all, this is just crazy. That they can get your new account information and debit it out. They HAVE to give you proof as to what the "debt" was that they debited your account for - and I would think also - something showing where you gave them permission to debit THAT account. If they can't produce either of these, that's when the complaints come into play. I know the bank will drag it out, but if the pdl can't supply the necessary information, your bank should reverse that debit and credit any bank fees regarding that. As far as the two pdl's you have now that you've paid nothing on, you could try contacting them and explain your bank situation (not in detail) and that they will probably not get to debit your account. Ask them, if this is the case, can you send your payment in via mail/money gram/western union or whatever? Does anyone else think that would work???

puddlejmpr - you beat me! Good contact info for Arrowhead. As far as the other, I'd try to find their contact info and do the same thing. Set up some sort of payments with them.

THANKS! I did call and leave a message for Liz, though I havent heard back from her yet. I have really been reading this forum, alot of great advice here. I am reading alot about storefronts and internet.. how storefronts have more legal ways to get you to pay, but what about the internet sites? Dont they have any legal way to make you pay too?
Like I said in NC , or my small area, most if not all of those storefronts are closed now since it is prohibited, but again anyone can get a internet PDL anywhere it looks.

Do these companies trade bank info with each other.
Is it possible for them to get my new bank info
Also why does this always tell m that the user name i put in has been taken
I try to use the name i registerd as, but it wont let me, so i use another name

Zanzibar - If you are having trouble logging in I would suggest you use the Live Help chat option. On the right of your page about halfway down you should see an icon that says "Debtcc Live Help Online" Click on that and you should be able to get help with your log in issues.

I called that Liz person, left another message, no call back yet. and I called the other internet Pdl, explained the situation, and after all that, told me to speak to the mgr.... mgr wasnt available, I called back got her voicemail left a very detailed message.. 2 days later still no call backs...
what gives? I call and call waste my cell minutes on companies trying to do the right thing, but they dont have the courtesy to call me back? I bet once they figure out they can't debit my account they then will call and harass me...so out will come my cell phone bill.. see . on this date and this date and this date I called... no answers................. arrgg...

:evil:

the maximum loan term in most states is 60 days. they can't have a 4 year old small loan. threaten to turn them in to the Attorney General of your state. Your bank much put the funds back within 24 hours once you say the electronic transfer was unauthorized. electronic fund transfer act. it's the law.