Payday Loan Nightmare -- Ashamed & Desperate for help in

Here are the pdl laws for CA (just select your state),

http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html
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I can tell by just glancing quickly that some of your pdl's are not even licensed. That's a good thing. Now we'll take a look at them all. I at least wanted to get your law posted so we can see them. And, regarding your bank account, goudah has compiled a wonderful list of banks that may still be able to give you an account even though you've got chex against you. Hang in there and we'll work on it!

On another note quickly, at least the pdl's can't get any more of your money seeing as how your 1st account was closed and your 2nd account is frozen. That's one plus. Just trying to look at it from a positive side. We can help you. Hang on!

Been there done that. Just wanted you to know you aren't alone and noone here is going to pass judgement. I'm still going through this payday hell myself so I don't know how much help I can be but you have come to the right place for help. There are lots of people with tons of experience here and I'm sure someone will come along soon to throw you a lifeline. Hang in there.

Keep your head up, you are not the first one to have gotten into this trap. There is a light at the end of the tunnel. Hang in there like mperez said someone will be coming along to assist you.

ladybug

First of all, they are violating the law regarding "rollovers". They are not permitted. Which is what these pdl's are doing by debiting "fees" every time you turn around. And second, check to see if they are licensed in your state to do business. Also, you can check to see if they are even licensed in their own state as well. Some aren't even licensed in their own state. Illegal. I'm going to look at your pdl's and hopefully will be able to tell you off hand which ones I know won't be licensed.

first of all , donkt you be ashamed. your reached out for help, and the first one to help was the payday loan sharks. they look like life savers but then after you grab them, you are on your way to the bottom, untill you come here. You can only go up from here, donkt be afraid.

Okay, to make you feel a bit better (and it helps!) the ones I know are illegal without even looking them up are: BIG, ameriloan (an MTE Financial d/b/a), MTE Financial, and GFSIL. Illegal. Now, we need to check to see if the others are licensed in your state. Keep hanging on. We're checking on it! As you can tell from above posts, you are certainly not alone! Do not ever be ashamed. Here, you are who you are. We do not judge people. We help people.

Okay. Someone double check me if I'm wrong!I checked for California on your other pdl's. Now, what I found may/may not be totally accurate. Some of these pdl's may use another name and just d/b/a the name you have. So I used the names you have.
One Step - no license unless using another name
Arrowhead Investments - something came up with a license stating "Arrowhead Financial Service d/b/a" so that might be them with a license
Pay Day Services- shows a license under this name
VC Funding - shows a license under this name
National Opportunities - no license unless using another name (which I doubt because I've dealt with them)
Authorized Pay Day - no license unless using another name
GECC - Has me totally confused. Something came up under GECC with a license, but it didn't say GECC. It had some other name - don't know if it's them
WhiteSands - shows a license under this name (darn! because I've dealt with them!)
NetCashUSA - no license unless using another name
Cash Central - shows up with a license as a d/b/a

Cannr...since we are not checking the state the pdls are in for licenses. Shouldn't they be licensed unders the name they actually use??

Thank you all, for your kind words!!! It's comforting to know there are others who know exactly what I'm going through and I don't feel like it's a lost cause anymore. I was seriously thinking about filing bankruptcy.

What do you suggest I do about the phone calls when they start rolling in? Should I contact them and try to make payment arrangements or should I send letters to revoke the wage/garnisments and file complaints with BBB & AG in CA (I've been reading the other post and found a wealth of information)

Thank you everyone for taking the time to respond.

I am also in California and would advise going with the AG's office. I don't think going with the BBB will help you as much, imho. It seems like our state's AG office is really taking a look at PDL's, especially the internet ones (thank you Jerry Brown!!) and usually gets right on it. You can also file with the Dept of Corporations in California.
California banned several IPDLs from doing business in the state last year and has become very agressive, which is great.

How do I get the list of banks?

Don't know if this will help, but here is a link for California businesss look up at http://kepler.ss.ca.gov/list.html you can type in your business and get info for Calif. I'm not sure if I was supposed to post this link, so write it down in case it is disabled!!Good Luck..KAren :D

You can also go to the California Dept of Corporations website, which I usually access off http://www.ca.gov/ Look for the link. They have a handy tool there where you can type in the name of the business, hit search and it will give you the status of its business license in California. And btw, it also has the list of IPDL's which are banned in California--and I am very pleased to say that Sonic is the first one.

morningstarr, since you asked the question regarding looking up the pld's by name/state when I posted the CA licensed/unlicensed ones - Here's the deal (and I think goudah is the one who pointed this out on a post some time ago). Take WhiteSands Ventures, as an example. Our CA friend has a pdl with WhiteSands. I did, too. My pdl was actually Instant Loan Today (and I believe they are Instant Loans Now); however, if I put in Instant Loan Today, it doesn't come up. It's actually licensed under WhiteSands Ventures LLC. Also, take AIP, for example, my pdl name was Cash Relief Limited; however, they are actually AIP (American International Processing). Another good example is Cash Direct Express, nothing comes up for Cash Direct Express - they are GECC Loan. How about It's My Pay Day - they are National Opportunities Unlimited. How totally confusing is all this? LOL! :lol: That's why it takes FOREVER to find out who in the world you're actually dealing with!

kc, you're in good hands with kscornell helping as she's in CA also. It's always nice to have someone in your own state! :D

It just makes me crazy cannr!! Now I guess I need to go back and check on all of mine I have left...but I don't think any of them are licensed any where...but just to be on the safe side...

morningstarr, are internet pdl's not illegal in Indiana? Are they part of a "gray" area? I mean, I knew none of them would be licensed in my state since internet pdl's are illegal here. So, once they start fighting with me, I just check to see if they're even licensed in their own state - just to have ammunition to fire back at them. But when people post in states that these places are licensed, I get all flustered! Because you really have to find out who the hell the actual "lender" is. Not the d/b/a. Some I found out the hard way. By sending in my letters, emails, faxes, etc. and then I'd get a response from a totally different company name! Ah hah! So, that's who you really are! LOL! This is also how they get away with so much crap. You don't even know who you're dealing with. The pdl you took was one name, it's actually a d/b/a of another name, and the debits come out as a completely different name. Good point here is EDESA. They debit as EDESA but the pdl name and the "parent company" name are all different. Lord help us all! This is why we think we're all going crazy!

I know exactly what you mean!! I logged into the my cash now website today just to see what it said on my account...after I defaulted they started debiting the full amount left on the loan plus "fee's"..it looks like they would send through the debit for the full amount, then mark me paid, then when the debit failed they put it back on my account under a notation "loan approved" and then 2 weeks later do the whole thing again...and each time they are adding fee's...of course they haven't answered any of my mail ...

I swear, they are all out to drive us insane! It was actually working with me a while ago with MTE Financial! I'm telling you, I was really starting to think I was nuts! Now that I've "kind of" figured it out, it's like a game. Trying to trace everyone down, get the "real" names, connect the dots..... Good thing I don't have a life! LOL! :lol: It takes a lot of time! But at least I found out I'm not crazy - they're all just liers! :lol: