I am writing because I closed out a loan in 2011 through bankruptcy. I am now trying to take out another loan, but I can't due to the PLS in Hyde Park not closing my record. I sent my discharge papers last year and I gave them another 2 days. Is there anything that can be done so I am able to take out another loan?
Consumer Complaints & Reviews
I have been paying on my loan with PLS monthly since November of 2010. The original amount was $1500 plus $300 in interest. As everyone before me has stated, I was misled and not fully informed about the fact that the interest would be front loaded 72 hours after I paid the interest currently due. I have only paid my loan down by about $50 in six months! I called the manager and asked for help or a better way to end this madness. He explained to me that he would escalate my request to his superior and let me know that I had already paid $200 on my account of the $365 in interest. I have paid another $25 and have to pay the difference of $140 today or he will place a repo order on me and add an additional $125 in fees. He told me I have to pay this amount within five days or I lose my vehicle plus the money they're holding in a folder instead of adding it to my balance which would reduce my interest and the balance too! The manager failed me and I'm sure has done others the same way in the past.
They're not going to assist me, so I am going to do the following: 1.) Try to reach Robert Wolfberg, PLS president's office for a possible solution, since they are making huge profits off myself and others at tel# 312-491-7300, located at 300 N. Elizabeth st. Chicago, IL 60607-1144; 2.) Contact the Office of Consumer Credit Commission for my state for guidance if possible on this matter; 3.) I will further attempt to pay by the five-day deadline; 4.) I will turn in my vehicle, but also will do everything in my power to find ways to better inform future clients of PLS about the unfairness of this type of loan; 5.) I am an American citizen that will find a way through this. I am a Military Veteran, and I know that Robert Wolfberg, PLS President is not President of PLS by not listening to his customers. I will post my findings as to what the final result is within five days.
I work for a school district, and am off for three months in the summer. I applied for a loan at PLS to help me pay rent through the summer. I wanted and asked for loan that I could make small payments (I do a little vending in the summer), then pay back the remainder when school resumed. I applied for a loan that you pay back once a month. I said this several times throughout the interview, "I am off work in summer." Next thing I knew, I was getting a call saying I had a payment due of $200+. Then I found out I was expected to pay this amount bi-monthly! It really set me back. Now I have another debt.
I went into PLS on 3/19 around 7:40 am. I was coming to receive funds from Western Union money gram. The lady who assisted me was Elvra ** and she was very unprofessional and rude. I had my photo ID and Elvra told me I had to answer the security question. Well, while in the process of answering the question, I asked her a question and she got really rude stating, "You people think you know about Western Union but you don't and I need to learn how it works before I come in there." I asked her name and informed her I was making a complaint. She stated, "Go ahead because nothing will be done anyways." She wrote down her info and stated she was not worried about any complaint because she will do what she wants. With that being said, I will no longer be visiting that store again as a customer. Please address this matter.
My car was repossessed with all of my belongings in the car. I called about getting my things from the car and was given the runaround by several employees at the store. I contacted the district manager and was also lied to by her. She advised me that the store manager would go into the car and bag my things up and have them in the office for me to pick up. I told them that I had a folder with all of my identifying information (i.e. Social Security card, birth certificate, etc.) in the car and some other personal items. An employee went into the car, got the folder out and left my other things in the car.
After several attempts to get my things, I was contacted by the district manager and was told that I would be compensated for my things if I came up with a reasonable amount. After 24 hours, I contacted the district manager with an amount and was told they would meet me halfway. I then explained to her that I was treated unfairly in that I was not allowed to retrieve my things. She stated she would talk to her superior about the situation and would contact me with an answer.
Payday Loan Store has unbelievable ripoff artists. Never, ever do business with these people if you can help it. They skirt the law and make a huge profit off of the desperate. They collect interest first, before applying a dime to the principal. They are the very worst parasites. The loan sharks of old were much cheaper. I now call them POS Loan Store.
Their service is very poor. I paid my interest of $128.00 on 10/8. One employee was overheard saying she was going to send my check in, and she did care if I would be upset. The check was clearly dated for 1/12/2011. I had to refinance $650.00 to get back the $628.00 taken out of my account. This loan now will have cost me $421.00.
I went in today to get an auto title loan. The whole process took about 45 minutes and I walked out with my check. The process is simple, bring in your clear title, driver's license, and vehicle registration, and they will then process everything and let you know how much you are approved for.
I was approved for $2,400 but only borrowed $1,500. The term is for six months (12 payments in total) to be paid every two weeks. The loan is fully amortized, meaning your payments will pay down both the interest and principal and at the end of six months, your loan is paid off and the title is returned to you. By the way, make your payments because they will repossess your car to satisfy the debt.
Auto Title Loans are very easy to obtain and you will get the fast cash you need but don't mess around and get your vehicle repossessed.
I had 2 outstanding loans with the company and took a 3rd to cover my rent for the month. I recently found out that they are in violation of state law by opening a third loan with 2 outstanding loans. Is there any recourse I can take? Does this make the contract null and void? I know I shouldn't have taken the loan out to begin with but when you are desperate, these people pounce on you and you can't dig yourself out.
I took out a loan for $900 and made or three payments on it of $227.The following payment I was unable to make so I went into the store to see what can be worked out. My options were not good. I was given the option of paying the difference and refinancing the loan for a larger amount and losing what I have paid already or paying it all off at a lump sum of $1,200 or let them take me too collections.
I asked if they can hold off on it until my next pay period so I can pay it all off and was told no they are not allowed to hold it. Then they have the audacity to ask me for my signature to stop legislation from passing a law to stop these loan places from taking advantage of low income or middle class people. Now I'm stuck and don't know what to do. Is there a way to correct this mistake? As the PLS loan gives me no options to fix this within my budget constraints.
My wife and I took out a title loan on our car from Payday Loan Store. The loan was for $625 which included a title lien fee of $65 payable to the title company, and the balance of $560 was ours. We paid off the loan after making 4 bi-weekly payments at the beginning of April 2010. I asked when we would receive the title back for our car, and we were shocked to hear that it would take 8-10 weeks for the title company to release our title.
My wife called Payday Loan Store around the first week of June 2010 to inquire about our title, and she was told that there was a mistake in the original loan agreement. The title lien fee was supposed to be $95 instead of $65 and that the check that was sent to the title company by PLS was returned and that we would have to wait another 8-10 weeks to receive our title. We think that PLS is lying to us. What can we do to speed up the process to get our car's title returned to us? We can't sell the car without the title. We completed our obligation to PLS by paying off our loan.
I went in to get a loan. Since i didn't have the HR department number, they said it would be fine for me to give them my job number. I've been financially trapped, not being able to pay my bills on time. I did let them know that my checking account was closed, and they still let me take out another loan. They keep calling my job for their money, but I'm worried that I might lose my job because they keep harassing me at my job. Is it OK for them to call my job and not my cell phone?
Receiving numerous harassing phone calls from the above number and several others associated with this company. I never conducted business of any kind with them and they were given my work / cell phone number in error or intentionally by someone else. I have advised them that they are calling the wrong number and to please stop, but they refuse and are now very nasty on the phone.
Knowingly and unlawfully being harassed by company I never did business with. Only want the phone calls to stop! (willing to file complaint with State or City agency you recommend)
