Payday loan hell!
Date: Tue, 09/26/2006 - 13:10
This is my first post to this site. I have about 10 PDLs outstanding. I closed my bank account since I could no longer afford bills while paying all of the interest. I live and work in PA. I have defaulted about a week ago, and haven't contacted my PDL's yet. I am looking for advice on what to do. How to contact them and what to say. Any help would be greatly appreciated. I'm so glad I found this site.
Talk to your lenders. Tell them that you are interested in payin
Talk to your lenders. Tell them that you are interested in paying off your debts. You want to review your latest balance in writing.
Neil.. PA frowns upon payday loans... Quote:Pennsylvania Sta
Neil..
PA frowns upon payday loans...
Quote:
Pennsylvania State Information Legal Status: Prohibited Citation: Check cashers are specifically prohibited from making payday loans under Check Cashing Licensing Act of 1998, ???? 505(a). Otherwise, consumer discount company act applies. 7 Pa. Cons. Stat. Ann. ???? 6201 et seq. Small Loan Rate Cap $9.50 per $100 per year discount or 24% per year Where to Complain, Get Information: Regulator: Pennsylvania Department of Banking Address: Market Square Plaza, 17 N. Second Street Harrisburg, PA 17101 Phone: (717) 214-8343 Fax: (717) 787-8773 |
Payday loans is prohibited in PA Quote:Legal Status: Prohibit
Payday loans is prohibited in PA
Quote:
Legal Status: Prohibited Citation: Check cashers are specifically prohibited from making payday loans under Check Cashing Licensing Act of 1998, ???? 505(a). Otherwise, consumer discount company act applies. 7 Pa. Cons. Stat. Ann. ???? 6201 et seq. Small Loan Rate Cap $9.50 per $100 per year discount or 24% per year Where to Complain, Get Information: Regulator: Pennsylvania Department of Banking Address: Market Square Plaza, 17 N. Second Street Harrisburg, PA 17101 Phone: (717) 214-8343 Fax: (717) 787-8773 http://www.banking.state.pa.us/banking/site/default.asp |
You are liable to pay only the principal amount out of moral obligations.
erzeke1, you are fast.. and you are everywhere :) Mike, can y
erzeke1, you are fast.. and you are everywhere :)
Mike, can you delete my above post??
keystrokes...I'm chillin on here today. I'm intrigued by all the
keystrokes...I'm chillin on here today. I'm intrigued by all the new posts.lol!!
Got me a fast new Dell with a 1.8 Gigs of memory!! hee hee
keystrokes...keep that post...you're an asset to the forum!
keystrokes...keep that post...you're an asset to the forum!
Hey erz, congratulations, you went into the hall of fame section
Hey erz, congratulations, you went into the hall of fame section.. I just noticed your post count.. :)
is that the same for internet pdl or just store fronts>
is that the same for internet pdl or just store fronts>