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I have 4 storefront payday loans totaling $2000 in alabama. however, i recently read that it is illegal to have more than $500 out at a time and i called another pdl company to ask if it was true and the woman says yes, that a company cannot lend you any money if you have other pdl totaling $500 in the state of alabama. so my question is, i am now signed up with t&c and im wondering should i even be responsible for these if they werent suppossed to give them to me in the first place? im not trying to dodge a debt but i know that with all the times i have gone in, paid the interest and rewritten i have paid each of them back at least 4 times what i borrowed in the first place. I want to honor my contract but its getting to be to much and none of them will work with me at all with setting up payment plans or anything.
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perhaps someone from alabama will be in to help you.. i would pay back what you borrowed but am not sure how fees are handled. i am not experienced in store fronts but i did want to "bump" this up.
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