Need help with Texas cap info

I have a loan with payday one opened 12/19/08 the loan amount was for $1,000, I have paid $1376.16 to date and STILL owe $800.00 to pay off the loan

I have paid the loan and then some....but still owe $800. so my question is: Is there a cap on how much I pay to them for the original loan? I came up with the laws of Texas that state $10 per loan and no more than 48% per year, so does that mean I should pay no more than $480 plus $10 ? Am I only obligated to pay them $113.84 more?

Any help is appreciated

sorry I wasn't logged in above

What is the name of this lender, there are some lenders in Texas acting as the CSO (Credit Service Organization) model. A CSO is not bound by the payday loan laws and are usually legal in what they charge.

Duh, you said Payday One, I will check to see if they are listed as a CSO, but I think they are.

Interesting, I found no listing for Payday One in the Texas licensee data base as a CSO. Call your DFI about this company, they should be following the Texas pdl laws and it appears they are not. Here is the number: (512) 936-7600

OK I am finding that Payday One was licensed in State of Texas but the status is: Canceled, I also called for CSO and found a Payday One XL in Fort Worth, how would I know if its the same company? They are affiliated with Think Cash which is not showing a license in Texas as well.....Im so confused at this point

Oh for heaven sakes, they really covered their tracks didn't they! Do you have a copy of the original contract? Perhaps you can look at your bank statements to see what name is listed as withdrawing funds? I am afraid they may be legal, and even if they aren't listed as simply Payday One in the data base as far as I know they usually are licensed wherever they lend.

DSI Lending Resources Inc is listed as the lender, I also see CSO fees in my contract but am not sure what that is. So if they are in fact legal, can they charge me whatever they want? I have paid them $1376 on a $1000 loan and STILL OWE $800 how can this be right?