I'm in the payday loans trap! Getting a new one to pay off others due to needing money for my car breaking down and had no other means to get a normal loan. I kept getting monies taken out of my checking account from payday loans companies charging me fees to apply but not getting approved.
I am in over my head with about 7 payday loans I am trying to pay back. I contacted this company a week before I planned to close my bank account so that these other companies would stop debiting my account. I told them the following week I will get a new account number but that was the biggest mistake I made! (aside from taking payday loans). They went ahead anyway
and try to debit my account... Countless times! And then of course I was responsible for their fees and late fees and others fees... I am glad I did not give them my new account info!!!
I received horrible calls from a Mr. Black, who never seems to answer the callback, and I get someone else. I worked out a plan to pay 1/2 (312.00) and the next month send the other half with someone called Kathy. The loan was for 400.00 with all their fees it went up to 624.00!! I sent the first half by Moneygram before my other was due. My wages were attached! My employer is taking out 15% to pay back something that I already worked out. I had no notice of this garnishmenti! Nothing! Only when I checked my paystub that I see the garnishment.
Was this even legal for them to do this! I am so afraid because I am in payday loan h*l! I managed to work out some payment plans but others want it all now! Help! Any advise out there!
Overwhelmed
Catasauqua, Pennsylvania
U.S.A.
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