Who invented payday loans?

I’m only asking, is because I’ve been trying so hard to get out of them. I do at one point,. But that’s only by closing my checking account and than settling it by a fraction of the cost. It’s quite aggravating! The interest is so high. You have to take out a payday loan to pay off another one sometimes! I mean a lot of people have money problems, I Just wish I never had gotten into it. Is anyone else in this situation? And how did they get out of it? I have a cash advance opened through my bank account..and I’m trying so hard (without being extremely broke) to get out of it. It’s not even high.

overdrawn on my checking account by $800.00us just lost my house and do not know how to get out of this. help?

i filed bankruptcy and am trying to figure out the best way to pay this without a payday loan which would make matters worse

Payday loans question?

My friend has to pay 94 dollars or else he goes to jail. He has a savings account but not a checking account. Is there any companies that he can get roughly 100 dollars from without writing a check? Can he write a check from his savings account? He makes roughly 2,000 a month. We’re outside of seattle, wa

what can I do about unauthorized checking account with drawls form unknown businesses?

I had to get me a payday loan over the internet.Everything seemed fine and I got the loan,but 2 days after the loan money was deposited in my account,”companies” , I don’t even know, started to with draw money, for different things, out of my bank account without my knowledge. At first I thought it was just a mix up in the account number or something like that, but it happen 3 times, always a different company. I did get a refund from one of them,and still waiting on a refund from the others.But the last transaction from one of them left my account with an overdraft fee.
What can I do to stop these actions? without closing my account.
I’m almost afraid to deposit any more money into my account,but yet, I have to pay for the overdraft fees the banks charges me.
Can I contact the BBB and report the Loan company as ” illegit”? or report the companies that withdraw money from my account?
Can I take any legal actions against those companies? if so, how would I go about it?
Please don’t give me answers like; “you should have known better” or “how dumb can u be”.
At this moment I need “helpful answers” not a “blame”.
Thanks for all the answers,and I do apreciate the first 3 I have received,thank you.
The restof you did NOT give me an answer to my Question, but rather gave me “New Offers” to get a loan, with their loan company.
I did NOT ask “where I can get a loan”, Read the Question! Please.

I need to know if a payday loan company can legally charge 125% interest without telling you in the agreement?

I borrowed $ 200 from an online lender and the agreement said my total repayment would be $260.
I thought that was a bit steep as is. so I called on the phone and was told that that is the total charges i would be required to pay. now that the loan is repaid they say the $260 was just the finance charge and now I owe another $260. I refuse to pay 520 dollars for a $200 loan. What are my rights? they have my checking account # and the payments have been coming out eletronically.

what happens if i didnt pay my payday loan for the cash store?

Is anybody else disgusted with those payday loan stores?

Their only purpose is the suck the communities dry.
It’s legal loansharking.
They exist only to prey on the poor.

I have 2 store front payday loans and 3 online payday loans. I heard that one of my loan companies are illegal?

Kingston Financial, BIG, and Media Cash, I’m not worried about the store fronts but does anyone have any ideals on how to get me out from under these debts? I got laid off and I can’t afford to pay them all or even the interest I have paid the loans off twice by just paying the interest. please help.
I got behind on bills and 1 led to 2 and 2 led to 3 and before I knew it I was taking another one to pay the other one. my bank advised me to close my account and open a new one cause of the activity that was going on causing me to go into a negative balance. this was a stupid thing to do but at the time I was desperate and I thought I had it under control please let me know I’m not the only one going through this nightmare.

Should goverments put payday loan stores in their place?

Should governments put payday loan stores in their place?
I have a real problem with some payday loan stores (from a ethical standpoint) because they charge high interest rates, unknown and unreasonable charges, and lend money to persons who are on welfare and fixed incomes.
I notice a lot of these places ask for a lot of information about the persons. Some of these stores require so much ID and banking information from people, it’s seems unnecessary and a waste of time.
They are also very tough on people who cannot pay loans back on time (eg. the person loses their job)
Now, I know there will be some people who will answer by saying ” don’t get a loan if you can’t pay it back” I already know that.
The question is should governments get tough on some of these companies for taking advantage of people.
Should they make it illegal to loan money to people on ‘fixed incomes’ and ‘walfare’
I don’t get loans from stores or banks.
I don’t get loans from payday loan stores.
There are some payday loan stores that do not loan money to people on fixed incomes. But there are still many that do.
No spam please
I’m not referring to Banks or even credit card companies. I’m referring to stores that loan money to people on a short term basis.
Sometimes the stores will let a person ‘roll’ over there loan to the next week or month. Thus, forcing people to prolong their debt.

Is it legal for payday loan place allowed to disclose case proceedings on someone else’s answering machine?

An old payday loan store called my parents house (because they do not have a number to call me) and disclosed all the case information and where they were from on their answering machine. Their answering machine message clearly states who lives there, and I am not one of them. I was wondering if this is even legal to do. Any help would be greatly appreciated. Even a point in the right direction. Thanks!!
I didn’t give them this number to call me at. I used them as reference, but they said they wouldn’t tell them anything like that.

Debit relief / consolidation?

im in great debt.. around $6000.. i dont know what to do. I’m currently unemployed and looking for another job. all my credit cards are maxed out and i have some outstanding payday loans. my banks has a negative balance because of OD fees.. im out of money. what can i do? file a bankruptcy?.. help me!

Loans for Bad Credit…Help!?

I need to get an emergency loan…fast!

My credit isn’t that bad (my credit score is 623), but I can’t get a personal loan from my bank. They said that they would only give me an auto loan, which I don’t need. I don’t want to get any more payday loans. I’m told that not in debt enough to declare bankruptcy, but I can’t get caught up on bills.

I’ve also been told that I should not get debt consolidation, as that might make your credit worse. If I could get just enough to get caught up on bills (utilities, medical) I should be alright–I only need about $2,000.

Is there some service on somewhere online that provides some kind of loan to suit my needs? Help…any (serious) advice would be very much appreciated!

Married and money problems?

Ok i have a full time job, And currently working a temp job everyonce in awhile. im not the type who plays the lotto, or belives it’s possible to win. i currently live in amarillo & im 23 yr old AND married. She’s 20yrs old and also works a full time job. we have no kids.
Now that i described thing that our nessecary i need help,
my rent is really high, and im suffering from debt several payday loans Which i KNOW i should have never taken out. so pelase dont go on abotu the evils of Paydays loans…i have learned my lesson.
i have sold or pawned everythnig i have to make it, but we just dont have enough money to keep going like this, the church helps everyonce in awhile with food But thats all.
We dont have any friends or family who is willing to help us…where alone in this mess.

Basicly i need help I need to know is there ANYWAY to make Fast or EASY money? legal?, illegal?, Government?, or just normal help I dont care really i just need to get some extra money, to pay off the debts.

if i could just pay off the debt or at least consolidate all of it to 1 easy monthly payment it would help. Problem is im not elgable for Debt consolidation, So i dont know what to do anymore.

Finaly i have pretty bad credit AND my wife has ZERO credit….we dont have ANYONE willing to co-sign a Large bank loan to help me Consolidate it.

PLEASE anyone out there who knows how i can make easy money or how i can get a bad-Credit no co-sign Conslidation loan or even just some way to feed my family.

im young and i make mistakes, but now i learned from them and im ready to get out of my mistake and learn from all of this.
we already live in a studieo apartment, and the rents high no matter where i look, we actulyl got a cheap place comapred to the rest of town.

we already cut everything hince the selling stuff now…
bankruptcy cost $700 doller how am i going to get that if i cant even make the normal payments??

help money troubles.?

Ok i have a full time job, And currently working a temp job everyonce in awhile. im not the type who plays the lotto, or belives it’s possible to win. i currently live in amarillo & im 23 yr old AND married. She’s 20yrs old and also works a full time job. we have no kids.
Now that i described thing that our nessecary i need help,
my rent is really high, and im suffering from debt several payday loans Which i KNOW i should have never taken out. so pelase dont go on abotu the evils of Paydays loans…i have learned my lesson.
i have sold or pawned everythnig i have to make it, but we just dont have enough money to keep going like this, the church helps everyonce in awhile with food But thats all.
We dont have any friends or family who is willing to help us…where alone in this mess.

Basicly i need help I need to know is there ANYWAY to make Fast or EASY money? legal?, illegal?, Government?, or just normal help I dont care really i just need to get some extra money, to pay off the debts.

if i could just pay off the debt or at least consolidate all of it to 1 easy monthly payment it would help. Problem is im not elgable for Debt consolidation, So i dont know what to do anymore.

Finaly i have pretty bad credit AND my wife has ZERO credit….we dont have ANYONE willing to co-sign a Large bank loan to help me Consolidate it.

PLEASE anyone out there who knows how i can make easy money or how i can get a bad-Credit no co-sign Conslidation loan or even just some way to feed my family.

im young and i make mistakes, but now i learned from them and im ready to get out of my mistake and learn from all of this.
Rent is cheapest in town due to the fact my in-laws our renting us the aparment But wont let us live there for free REGARDLESS of the Sutiation.

also bankruptcy cost $700 how can i file Bankruptcy if i cant even make minmal payments on the loans!

Does anyone know of any legitimate high risk lenders?

I need a personal loan to consolidate my credit card debt. I ran a lot of them up on medical bills, I’ve made good on my payments the last three years or so. My credit is slowly rising because of this, but the poor choices of my foolish youth drag my credit score down. I am at my wits end, I’ve tried many big name lenders, but with no avail, I am becoming really stressed over this. I do not want to go into debt consolidation, I have a steady income (I work for the Social Services). I just am tired of throwing money away on high interest rates on from my credit card providers (some are as high as 30%!!!!). I’ve been contacted by Parkwood Lending Group…they want me to secure my loan with a six month payment advance. I think that sounds fishy and as far as I have researched, I haven’t found any good info on them at all. I don’t know what to do. Help? FYI, payday loans are a no-no. They charge incredible fees, it should be illegal.