help please

OK, calm down. What state are you in and how much did you borrow?

Have you paid anything towards to loan yet?

I am in NJ. Borrowed 400 . I have not paid towards this loan yet, but in the past have borrowed from them and have paid fees equal to much more than this 400.00. Please , help. can I go to jail.

No, you can't go to jail for an unpaid debt.

Someone else will be along to advise you on the PDL.

What is the name of the payday loan company you are dealing with?

I will tell you past loans do not count for current loans. On the other hand I have seen where some folks have been credited money from overpayment of past loans to cover current ones. This is a far strectch, but it is worth a shot.

What is the name of the PDL company?

One step cash

Hmmm, I do not know much about them. I am sure others will be along to help. Or you can do a search uptop in the box for them. Best of Luck! :P

Guest, here is some information on pdl laws in New Jersy. This may help you deal with SHW.

http://www.debtconsolidationcare.com/newjersey/paydayloan-help.html

Use the information in this thread to file a complaint against One Step for the overpayments in the past.


I recently had issues with SHW ( and I had one step cash) and I sent a request for debt validation and so far (fingers and toes crossed) have not heard from them again. You may want to state that pdls are prohibited in your state as well as the fact that you have filed a complaint against One Step for violating your state ursury laws and you will be forwarding a copy of this to your state regulating agency to include with your complaint. You also need to check and see if SHW is even licensed to collect in your state. If not, include that too.

I don't much about one step cash either, but I can tell you that PDLs are prohibited in New Jersey. You owe them nothing but what they put in your account. Close your bank account, get a C and D letter out to them and file those complaints with the AG, the BBB, and the FTC. When they call the next time, ask them when they are coming to get you so you can be ready for your overnight stay at the local police station! Please don't let these guys scare you. They can't do a thing. If people could go to jail for nonpayment of a debt, half the country would now be incarcerated. Get that C and D letter out ASAP. If you have an email address send it that way first. Then send a hard copy.

Here are the state laws for New Jersey (just select your state),

http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html

I dealt with onestepcash many years ago and they are illegal. They don't follow the laws for any state and I don't believe that are even licensed.

You should send a debt validation letter to Smith Haynes and Watson. Also file a complaint with your States Attorney General in regards to the tactics they are using and also against onestepcash.

thank you all so much. How do i find out if they are legal to collect in NJ

I think we are all thinking alike today :wink:

Here is a link for a debt validation letter for you to use as a template....

http://www.debtconsolidationcare.com/forums/about216.html

Smith Haynes and Watson is most likely not even licensed to collect in your state.

Thank you. You are making me feel better. I just dont see anywhere if they are licensed to collect in NJ. I am after reading all of this assuming they are not. What a mess

I just checked and I could not find them listed. It is not that big of a mess. It is just going to take a little work to clear up. Do send the request for debt validation and do file with the agencies mentioned. I faxed mine and followed with a the letter certified mail, return receipt. If you have any questions or just need support we will be here.

They are probably bottom feeders of the PDL world. I would just pay back the principal of $400 and be done with them.

Thank you all.I dont understand all of this, but will do my best.

IF you have any questions post them. We wil do our best to explain and help out.

Also, if they are an actual bill collector, aren't they only allowed to make contact once a day? I think you said she calls all the time... that's a violation there....

If you do need to close your bank account, be sure to read this information:

http://www.debtconsolidationcare.com/paydayloan/close-account.html

im also getting that collection agency calling me..they tried to take out money out of my bank..my bank took over for me they asked if i had a old water bill stated no i dont..then they put the money back in my account and got a letter from my bank saying its handled and then they started calling again..i live in alabama..can you tell me if they are legal in alabama..it think that is what everyone else is asking..