I also was one of many to get caught up in payday loans i had 8 of them. I had to colse my bank account due to some bank problems. You can guess me and my son have the exact name and both bank at the same one.
Anyway i called all 8 of my loan companies told them what the problem was and offered to pay or do payments. They all said it was to late and they will go into collections. OK i guess. I resieved a call from some one at Crosby's tried to get his name but he got very upset because i had to ask him his name several times, oh this could take all day he said.
Then he told me that this was an attorney and they
were working with 2 of these loan co's He told me that
i owed them $1060 for loan totals that were only $400.
I am on social security disability and told him i could pay on the 3rd of Aug. Oh but that wasn't good enough for them. Then he told me that within 48 hrs they would have me arrested for fraud and writing bad checks but if i paid them $530 today they would stop this procedure. Told him not today. He said fine and good luck in court and hung up on me. I was so mad and scared that i was going to jail and my medical problem flared up. It took me 8 hrs and extra medicine
to get me feeling better. Far as i'm concerened they can go to !!!!!!!!!! I was really relieved when i found this site.What do i need to know about the laws
in Iowa. Dave