PDL Help in Texas

I currently have multiple payday loans out and am trying to find a way to dig myself out. I'm in Texas. 3 of which are tribal online lenders, Great Plains, Arrowhead advance, and big picture loans. I've read on the forums on this site that I only have to pay the principal on the tribal lenders. Is that right even though texas' CSO laws? Please HELP!

11 Answers

Great Plains - An email that stated ACH has been revoked but I need to pay another way. What should i do here?
A refund would be nice from each but the "paid in full" is what I'm really after here. Wouldn't a threat from the FTC be more compelling to them as they obviously don't care about State laws or State Attorney General?

Do one thing. Just mention in the letter that you'll call 1-877-FTC-HELP or 1-877-382-4357 if they don't mark your account as 'paid in full' or give you a refund.

Arrowhead - The agreement is null and void since they are not legal. Give them the same threat.


Just mail them back that you're not going to pay them a single dollar anymore. Also remind them again that you'll definitely file a complaint to the State Attorney General if they don't update your account as "paid in full" asap.


They care, just stick to your point and tell them you will take legal action.


So all three have now responded that ACH has been revoked.
Would an email to Big Picture suffice?
Arrowhead - A guy named David Schofield from the collections dept. emailed saying ACH is revoked but as per your contract you have to provide another form of payment and then copied the portion of the agreement to the email as well. How should I handle him?

Great Plains - An email that stated ACH has been revoked but I need to pay another way. What should i do here?

A refund would be nice from each but the "paid in full" is what I'm really after here. Wouldn't a threat from the FTC be more compelling to them as they obviously don't care about State laws or State Attorney General?


Yup, send another mail to the lenders that you'll be complaining to the state Attorney General for getting your money back.


Make a complaint to the state Attorney General to get your money back.

Since you have paid them in full, ask them to update your account as "paid in full".


Send another letter to Big Picture that you'll report to the State Attorney General if they don't give you a refund.

Arrowhead - You're on the right track.

Great Plains - Wait for a few more days.


The principal amount on each has been paid a few times over. I sent over letters of ACH revocation yesterday, which also stated that I needed confirmation of paid in full on the account and requested a refund of what I paid over Principal. Big picture loans responded that they will not refund anything but they have marked my account as PIF and my login no longer works. Arrowhead responded with only "give us a call to set up a payment plan" to which i responded that I revoke ACH authorization as i said in my previous email and will not pay them any more. They haven't responded since and neither has Great Plains.


Yes ofcourse..pay the principal amount...and stop paying more.
It's better if you revoke your ACH also.


The payday lenders are not Legal in your state, Therefore, you need to pay them the principal amount you owe.


Pages

Write Your Answer

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
What is the sum of 2 and 2


Inter Next Technologies, Inc., Internet Marketing Services, Reno, NV


Page loaded in 0.177 seconds.