Debt Consolidation Care Answers
Debt Consolidation Care Answers
Welcome

 

how to get out payday  

0
how to get out payday loans have 6 of them live in state of Ohio store front loans
 

asked Apr 21, 2007 08:16 PM

dennidkochel

6Answers

0

I am not familiar with Ohio laws, but there are those here that are. It might help them if you list who they are also. Some people may have dealt with them and can direct you now to proceed.

As far as the law goes, you might want to search it in the box above with our little debt fighter. That would at lease give you an idea what you are up against. Hang in there though. I am sure someone will be along that can give you a little more help that I have been able to.

answered Apr 21, 2007 08:19 PM

0

Since they are all store front loans you probable won't be able to get out of them. Storefront usually indicates that they are legal and following the law in your state.

answered Apr 22, 2007 04:24 AM

0

Here is the state law for your review. I see that you can only legally have one loan out at a time. The legal percentages are there to, you can compare them to what you are paying. I can tell you that the only way I got done with my store front pdls was to default on them and the fees stopped. That was a personal choice. Know what you are getting into before deciding to default. They may set up payment plan for you or they could take you to court. They worked out a payment plan with me.

answered Apr 22, 2007 04:29 AM

0

Defaulting was also the only way I could see to end the insanity as well--otherwise, you will be paying on these loans till you die. Trust me, I have been there. If you do default, contact your lenders immediately to work out payment plans.
And let's face it: you won't be the first to default and certainly won't be the last for these storefronts, so it helps everyone to get a payment plan going.

answered Apr 22, 2007 07:47 AM

0

There was no end to the viscious fees until I put an end to it. I actually wish I would have defaulted months ago, if I would have known then what I know now. LOL

answered Apr 23, 2007 03:35 AM

0

How did you get 6 storefronts in the state of OH????? Its illegal here...

answered Apr 23, 2007 12:14 PM

1 

Write your answer here. And keep checking whether it's been chosen as the Best Answer.*

 

Why DebtCC community

recommends OVLG ?

Watch true stories


Call - 800-530-OVLG
( Open 7 days till 9 )

Or
 

Recent Five Members

1.
4.
5.

More Members..

Feedback

Tags

and
con
day
do
i
in
LLC
me
NCL
NLS
ON
or
owe
pay
PDL
PNC
SSM
Too
who