I currently have the following payday loans out and have caused me multiple fees with my bank. Can anyone guide me to the right place to handle these? The names of the lenders are as follows: Cash Yes, Everest Cash Advance, Hydra Fund, One click cash, Plain Green Loans, Triple Services and US Fast Cash.
Oh my, you are in a payday loan nightmare. They will continue to debit as long as your bank lets them, is there anyway that you can close your account so you can have an end to this. Once the debit stops then you can get some kind of plan in place to take care of them but as long as they continue to cause fees there will be no end in sight. You need a plan. Maybe start with the lowest one and eliminate it. You will need to communicate with these lenders and tell them that you have a plan and they need to cooperate if they want their money. Good luck, sounds like a mess.
Welcome to the forums!!!
All of your lenders are illegal. You owe nothing more than the principal. If you have overpaid them, then ask them for a refund. Don’t worry, illegal lenders can’t do anything. Close down your old bank account and open a new one.
Your personal details (name, email address and phone number) will be delivered to the company advertised on the Creditmagic after ve agreed to go for the counseling session by filling out the no-obligation form. However, it is your discretion to accept or reject their services.
Not all the creditors/debt collectors agree to trim down the outstanding balances, interests, and fees payable by the consumer.
Consumers working with the debt relief companies can still be sued by the creditors/collection agencies.
Debt relief services may have a diminishing effect on the creditworthiness of the consumer. The total outstanding balance may increase as the additional fees get accrued.
The overall amount saved by the consumer through the debt relief services is considered as taxable income by the IRS.