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Posted: Wed Mar 28, 2007 1:47 pm Subject: I have about 6 internet |
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I have about 6 internet payday loans and
1 store front - the store front is working with me on my terms. 2 of the
internet so far are really giving me trouble. I have 1 with Arrowhead
$200.00 - paid $475.00 and Westbury Ventures still keeps calling me wanting
more money - what can I tell them or send them - from what I have read - I think I way overpaid them.
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tcsharris3

Joined: 28 Mar 2007
Posts: 11
Debtcc Points: 265
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Posted: Wed Mar 28, 2007 1:51 pm Subject: |
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go to paydayloaninfo.org and look up your state laws
calculate what you owe by your state laws and then see if you still owe them anything if you do not then send them a letter stating this and demand they mark your account paid in full...Also report both of them to your AG This only applies to the internet ones
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Leah
Debt Samaritan

Joined: 04 Mar 2007
Posts: 2333
Debtcc Points: 50556
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Posted: Wed Mar 28, 2007 1:59 pm Subject: |
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Be confirmed by knowing your state laws. Leah has mentioned the link above where you can check the laws in your state. Don't make conclusions on assumptions. Check on how many times the loan was renewed, for which the lenders charged a fee. You may still need to pay the principal amount if it wasn't paid.
Verify the laws with your state AG also. He might assist you in dealing with these companies.
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Bony

Joined: 22 Oct 2005
Posts: 291
Debtcc Points: 4207
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Posted: Wed Mar 28, 2007 2:00 pm Subject: payday loans |
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I am having trouble reading your message - half of
the message is cut off on the right side of the
page.
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tcsharris3

Joined: 28 Mar 2007
Posts: 11
Debtcc Points: 265
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Posted: Wed Mar 28, 2007 2:04 pm Subject: payday loans |
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o.k. I'm going to check that paydayloaninfo.org
site and see what I come up with. I have to go and
make supper now - I will try and come back on later.
thank you
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tcsharris3

Joined: 28 Mar 2007
Posts: 11
Debtcc Points: 265
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Posted: Wed Mar 28, 2007 2:04 pm Subject: |
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Go to edit profile in the member's area at the top of the page. Scroll down and click "Always enable Rightmenu:" to No. The frame in the right side will go to left and you won't have problems in reading any post.
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Bony

Joined: 22 Oct 2005
Posts: 291
Debtcc Points: 4207
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Posted: Wed Mar 28, 2007 2:07 pm Subject: payday loans |
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thanks - I did that edit thing and now I can read
the full message.
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tcsharris3

Joined: 28 Mar 2007
Posts: 11
Debtcc Points: 265
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Posted: Wed Mar 28, 2007 6:59 pm Subject: payday loans in penna. |
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I looked up the info for penna.
it states that payday loans are prohibited
small loan rate cap $9.50 per $100 per year or
24% per year.
So - did I overpay Arrowhead, I took a $200. loan and
paid $475. to date.
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tcsharris3

Joined: 28 Mar 2007
Posts: 11
Debtcc Points: 265
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