Posts: 1
Credits: 141


Send message to ryan425
Sub: #1 Louisiana Illegal Payday Loan Help
Replied on 02-06-2012, 11:02 AM
Reply With Quote

I've been reading several threads on this site and I'm pretty sure my online payday loans are all illegal in Louisiana becuase none of the companies is registered here. I'm not behind on any of them, but on most I've overpaid the principal amount. Could someone confirm that the following are illegal lenders in Louisiana?

Magnum Cash Advance/ICA - $800 - Paid $977.72
Loanshop-Quincy - $500 - Paid $450.00
Loanpoint USA - $500 - Paid $1140.00
Ashland Enterprises - $300 - Paid $1260
TIOR Capital - $300 - Paid $1170
Ideal Gelt - $300 - Paid $270
Sigma Solutions - $200 - Paid $178
Western Sky/Cash Call - $500 - Paid $75.82

Obviously I am willing to pay back the prinicpal amounts on all of the loans, but if they loans were illegal, I'd like to avoid anymore interest and fees and recoup some of the overpayments. I have a collections attorney willing to help me. What should I do. I'm going to my bank to talk to them about stopping the next ACH withdrawals tomorrow. Since I just paid them this past friday, I have two weeks before they come up again.

I wish I had found this site sooner!

Posts: 108
Credits: 1,528


Send message to ditchdebt
Sub: #2
Replied on 02-06-2012, 06:53 PM
Reply With Quote

I am quite sure that these companies are not legal in LA. However, it is better to confirm from the following link:

"http://www.ofi.state.la.us/"

Posts: 1
Credits: 159


Send message to sfoasia
Sub: #3
Replied on 02-10-2012, 01:21 AM
Reply With Quote

If you are willing to pay back the loan, I think first of all you must confirm whether the company is legal or illegal.





«Previous Thread | Next Thread»
Thread Tools
Display Modes
Linear Mode Linear Mode

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -8. The time now is 06:48 AM.






About Us | Contact Us | Privacy Policy | Affiliate | Sitemap | Espanol | RSS Feeds| Terms of Services
* Disclosures:
  • 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.
Page loaded in 0.048 seconds.