| Author |
Message |
|
|
 Posted: Tue Aug 07, 2007 8:05 am Subject: payday loan - closing checking account
|
|
|
I have 6 pdl's (3 storefont and 3 internet) that I have been paying/renewing for quite some time - if I close my bank account on the 3 storefront checks will I be prosecuted - I live in KY
|
|
sbell
Joined: 06 Aug 2007
Posts: 21
Debtcc Points: 80
|
|
|
 |
|
Posted: Tue Aug 07, 2007 8:54 am Subject:
|
|
|
does anyone have any answers for me.....
|
|
sbell
Joined: 06 Aug 2007
Posts: 21
Debtcc Points: 80
|
|
|
|
Posted: Tue Aug 07, 2007 9:31 am Subject:
|
|
|
Welcome to the Community  Here is a link for KY state PDL laws at http://www.paydayloaninfo.org/state_detail.cfm?id=KY If those are store front, I would be carefull closing my account. They tend to follow state laws and regulations, and tend to sue! Have you tried to work something out with them? Check out the link to see where you stand with all your pdls. The internet companies ar another story! When I have more time, I will look into the pdl laws for Ky. Ask questions, we are here to help, and you aren't alone in this!!..Karen
_________________
As long as you are alive, there's always hope
|
|
Bossy4455
Moderator
Joined: 27 Feb 2006
Posts: 5538
Debtcc Points: 65211
|
|
|
|
Posted: Tue Aug 07, 2007 9:59 am Subject:
|
|
|
So I should stop payment on the three checks that are with storefronts or should let them bounce because I'm not sure what to do at this point. I know Ky law states that I can't be prosecuted for those type of checks, but is that only if they bounce.
|
|
sbell
Joined: 06 Aug 2007
Posts: 21
Debtcc Points: 80
|
|
|
|
