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Posted: Thu Jul 31, 2008 12:15 pm Subject: Help with payday loans |
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Hi, I live in NJ and need help with payday loans. I have negotiated and settled the ones that I can but have 12 left. They are Apple Payday balance $343; Paycheck Today balance: $520; US Fast Cash balance $505; Discount Advance balance $197.13; Cash Advance Now $495.00; MTE balance $395.00; Speedy Pay Day Loan $505; Eastside Lenders $520.00; Capital Funding $390; Landmark Express $390.00; 1 click $455.00 and Pay Day 2 Go $375.00.
I've been paying renewal fees for forever and finally had to close my account. I did send certified letters out but most were returned. I contacted and asked for help from a company called PDL Assistance, LLC located in Alabama. They seem very slow in negotiating and getting accounts settled.
Can anyone offer any help to get rid of them any faster?
Thanks,
C
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bloodcherry72@gmail.com
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Debtcc Points: 100
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Posted: Thu Jul 31, 2008 12:20 pm Subject: |
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I believe that in the state of NJ these loans are not even legal. Reading thru , I see that most people only pay back the principle borrowed. Some one else will shed more light on this, as I am new here myself.
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jenoliver33

Joined: 26 Jun 2008
Posts: 56
Debtcc Points: 265
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Posted: Thu Jul 31, 2008 12:22 pm Subject: |
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Welcome bloodcherry. Someone will be by to post and explain NJ states laws in a little bit. Hang in there ok?
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jt

Joined: 25 Jul 2008
Posts: 101
Debtcc Points: 895
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Posted: Thu Jul 31, 2008 12:30 pm Subject: |
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yeah, I think I read that NY & NK laws are similair regarding PDL's. If so, they are prohibited.
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jt

Joined: 25 Jul 2008
Posts: 101
Debtcc Points: 895
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Posted: Thu Jul 31, 2008 12:31 pm Subject: |
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sorry, typo-NY & NJ
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jt

Joined: 25 Jul 2008
Posts: 101
Debtcc Points: 895
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