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 Posted: Wed Aug 23, 2006 7:51 am Subject: how do I get help |
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in kentucky with 6 payday loans and not sure how to get out
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tonyrand960
Joined: 23 Aug 2006
Posts: 22
Location: Kentucky Debtcc Points: 679
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| Posted: Wed Aug 23, 2006 10:28 am Subject: |
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Welcome to the forums  If you signed up for the free credit counseling,someone will be contacting you.Consolidation may be the answer for you. A counselor will give you more info,and put you in contact with consolidation companies that handle pay day loans.Keep us posted.also check out other threads on pay day loans and how others have been there and what they are doing to become debt free...Karen
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As long as you are alive, there's always hope
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Bossy4455
Moderator
Joined: 27 Feb 2006
Posts: 5289
Debtcc Points: 63264
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| Posted: Wed Aug 23, 2006 11:59 am Subject: |
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The maximum term for a $500 check in Kentucky is 14/60 days. The company cannot charge more than $15 per $100.
Go through this pdf file to know about the payday loan regulations in Kentucky.
http://www.legis.state.wi.us/lrb/pubs/wb/00wb7.pdf
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Christina
Joined: 13 Jul 2006
Posts: 443
Debtcc Points: 6429
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| Posted: Wed Aug 23, 2006 5:01 pm Subject: thanks i did |
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and all these 15 or more within 2 miles got those regs down pat.
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tonyrand960
Joined: 23 Aug 2006
Posts: 22
Location: Kentucky Debtcc Points: 679
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