Credit repair

if you negotiate a new amount you should not receive a 1099 but there needs to be worded so forth to that affect

I had a loan that was paid, or so I thought. The account that I gave the comapny 2 years ago has been closed and I'm with a new bank. Today I had a 390.00 debit taken from the acct. How this company got that information, I have no idea. Do they have the right to take money from an acct I never gave them? Also, they are refusing to give me proof that I owe them.

I have 3 payday loans. It all started because I needed help with my house payment, my child support stopped...Now I am going crazy paying all these fees and am really getting behind on my bills. I would love to get rid of these loans..but how?

My husband and I have internet payday loans with Zip19 in Texas. We became severely financially strained and these loans only made things much worse! We closed our account and quit paying them in May/June of 2013. At first, I had numerous phone calls but just never answered them. Today, is the first time I have heard anything out of them in several months. We got letters from Fidelis Recovery Solutions saying we owed over $1,300 for each payday loan which were only for $500 originally! We have paid almost $300 in fees on one but not sure about the other but probably more.

I have payday loans that are controlling my paycheck so much that I can't pay the expenses that should be paid. I got all of my loans through the internet and presently reside in New York. I want to default on these loans but I don't know the consequences of my action. I really need help and advise on what to do and to expect when I do this.

I am new to this forum, but I have been reading through a lot of the information. My husband and I have taken out 7 internet payday loans total. I have filed complaints with the Attorney General's office and the BBB on a few that are charging more interest than is allowed in the State of Oklahoma. Now, I need to close my bank account and stop all these ACH debits. We were going to try to pay off these loans, but it's eating up our paychecks. I could not find a letter to send to the payday companies requesting the ACH debits to stop. Can anyone help me?

I requested a copy of my consumer report which list all of the loans that are in collections. However the amount on the report is different from the amount the collectors claim I owe. I live in Maryland where payday loans are prohibited,wouldn't I only be responsible for paying the amount on my consumer report? Some of these companies have gotten way more than I borrowed through finance fee's.Can someone please answer this ?

I have 4 payday loans and unfortunately I cannot afford to pay them all back the lump sum that is owed. Do you know of any debt management companies that will allow me to consolidate all my loans and pay them back bi-weekly in an agreed payment schedule. I am in Illinois and that all of the loans are internet based loans. One is from 500 Fast Cash, CashnetUSA, Check n go and Advance Me Today. I am in default on 2 of them because my account is always overdraw. Please help!

I have been reading your comments and think you all can help. I am contemplating closing my bank account but have one storefront pdl. I have others online with ftr processing,paycheck today, cashnetusa, cash transfer centers, purpose loans, cash call. I don't know what to do but I do know that I can't live like this anymore. This helped me through a family tragedy but is now killing me. I have about 3200.00 in balances not including fees. What should I do? I live in Georgia.

How do you get out of the payday loan trap? What happens if I just close my bank account? The loans are being debited from my bank. I currently have a total of nine loans and all I can pay is the fee's.