Stephen
Warwick,#2Consumer Comment
Mon, January 16, 2006
As when you need money in term as payday loan for many of whom can't get credit, as loan from their bank or credit union, for a real situation like car breakdown whatever the worst case is can't balance out the greater loss of income, as for samply car breakdown and you need it get to work, as compare losing a day paid or more, as it's a help a bit, if you can't borrow money from friends or family member, as it's the only way for some people whom are poor as low income, as make it rarely use, try to save up bit money away for emergency, as can't control your budget don't apply for the loan, if borrow $300.00 going to cost $90.00 as both will be deducted from you bank account on the date you tell them your payday is, so I suggested you save money as go to consumer debit consular in your area will help you out , as everybody has a differ case and situation, so it taken self control of handling budget and money.
Mike
Radford,#3Consumer Suggestion
Sun, August 21, 2005
They can't "go ahead and garnish your wages" without taking you to court first. If you appear and show that you have low or no income then they usually won't be allowed to garnish anything. The judge isn't going to like the fact that you've repaid four times the original loan amount, yet they still want more. If that is really the case, and you can prove it, complain to your state attorney general right now. Do close the bank account. They just keep ACHing to generate a bunch of bank fees, it doesn't get the loan company any money but they do it for spite. In the agreement you primarily agreed to repay on a certain schedule, since that has already been broken the rest of the agreement doesn't mean much any more. And a clause that you wouldn't file bankruptcy is just plain unenforceable.
Robert
Wallingford,#4Consumer Comment
Sat, August 20, 2005
Although Katherine's suggestion would work for the short term, there may be a clause in your loan documents that you signed where you claimed you would not close the checking account being used to debit the loan fees and payments or file for bankruptcy. Read over the documents for any clauses that you should be aware of. After closing your account, they may just go and garnish your wages. Look through the loan documents to determine exactly what you agreed to let them do to collect the money owed. Good luck.
Katherine
Roseville,#5Consumer Suggestion
Sat, August 20, 2005
Contact your bank and stop payments on All ACH activity. You could consider closing your account at the bank they have listed for you.
Robert
Wallingford,#6Consumer Comment
Thu, August 18, 2005
That may help explain what each of the debits are. There should be a break down of the fees and charges they can debit against your account. As a guess, they might be a fee for any bounced debits, a fee for late payment, a debit towards the loan principle, a fee for extending the loan. It can add up quickly. Keep trying to contact them to work it out but don't expect alot. If you are unable to get them on the phone, rest assured, they will call you eventually. Good luck.