Please remember that Florida is a non garnishment state. They can only garnish up to 25 percent and only with your written permission. If you signed any "wage assignment agreement" that is a different thing. You must revoke that. They can not take any criminal action against you under Florida law either. What payday loan company is it? Some are not licensed and can only make threats. Someone here will have experience with them and will tell you what they are all about
i have a defaulted payday loan with cash banc they have threatend to have me arrested for not paying my debt by monday , they say they will download my case can they do this.
Anonymous
Sub: #5 I was contacted today from a "processor". He told me that they aFri, 07/17/2009 - 15:14
I have two outsanding payday loans and they have been calling my job and home threatening that they are going to garnish my tax return and wages can they so this?
Anonymous
Sub: #7 why not just pay them.Tue, 07/28/2009 - 10:47
Florida law prohibits any debt collector from threatening criminal action! Even an originasl creditor! You can file a suit against them for that! Also if a payday lender is not licensed in Florida the debt is non collectable under the Florida Consumer Financial Act regardless of the geographic location of the lender.
Can anyone give me any information of the following companies as far as legalities in the state of florida? The one, in particular, FOX, is really shady. I called them and they cussed me up one side and down the other for asking for a mailing address.
unitedcash.com
fox enterprises
m1ydirect
paragon
loanshoponline.com
Also, how much can they charge in florida per 100?
By signing up for counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the pay off amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
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Go through this page for the laws in FL
http://www.debtconsolidationcare.com/florida/paydayloan-help.html
What is the actual loan amount and how much is paid so far?
Posts: 5119
Credits: 64436.339442205 Send message to frogpatch
Please remember that Florida is a non garnishment state. They can only garnish up to 25 percent and only with your written permission. If you signed any "wage assignment agreement" that is a different thing. You must revoke that. They can not take any criminal action against you under Florida law either. What payday loan company is it? Some are not licensed and can only make threats. Someone here will have experience with them and will tell you what they are all about
Article-When the Debt Collector Calls
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Credits: 6313 Send message to Trenity
your Florida state info here http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html
i have a defaulted payday loan with cash banc they have threatend to have me arrested for not paying my debt by monday , they say they will download my case can they do this.
I was contacted today from a "processor". He told me that they are taking me to court for a felony. Can they do that?
I have two outsanding payday loans and they have been calling my job and home threatening that they are going to garnish my tax return and wages can they so this?
why not just pay them.
damion,
You can not be arrested for not paying a debt. It is a civil matter not criminal.
Posts: 5119
Credits: 64436.339442205 Send message to frogpatch
Florida law prohibits any debt collector from threatening criminal action! Even an originasl creditor! You can file a suit against them for that! Also if a payday lender is not licensed in Florida the debt is non collectable under the Florida Consumer Financial Act regardless of the geographic location of the lender.
Article-When the Debt Collector Calls
Posts: 2
Credits: 140 Send message to robyn curry
Can anyone give me any information of the following companies as far as legalities in the state of florida? The one, in particular, FOX, is really shady. I called them and they cussed me up one side and down the other for asking for a mailing address.
unitedcash.com
fox enterprises
m1ydirect
paragon
loanshoponline.com
Also, how much can they charge in florida per 100?
Thanks in advance!!
Robyn
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