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Help in payday loan trouble in pennsylvania

Date: Thu, 02/22/2007 - 05:15

Submitted by anonymous
on Thu, 02/22/2007 - 05:15

Posts: 202330 Credits: [Donate]

Total Replies: 7


I live in pennsylvania. I have taken out 3 payday loans.

Paydayok - $500 Internet Based
Oneclickcash - $300 Internet Based
USFastcash - $300 Internet Based

I have now paid over $400 in interest plus $50 principle to the two 300 dollar loans.

I've paide about $500


Morozov50, just an FYI Payday loans in PA are prohibted from charging triple interest. The cap is 24 percent per year. Take a look at how much interest you have paid them also contact your local Attorney Generals Office. File a complaint. There are letters you can view and use on this forum to send to the loan company.
Good luck and refer back to this forum for more information and people that can help settle your nerves.


lrhall41

Submitted by taki2u on Thu, 02/22/2007 - 06:56

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is it correct that in pennsylvania the small loan cap is 9.50 per 100 that is what it says on paydayloaninfo.org I am going to be writing a wage revocation (for safety), and the form letter I found on here, and will file with the AG office.


lrhall41

Submitted by on Thu, 02/22/2007 - 07:18

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I agree with your letter except for one thing. FRile with your AG as soon as possible. The Attorney Generals cannot take action without the complaints. KYSIDE38


lrhall41

Submitted by KYSIDE38 on Thu, 02/22/2007 - 13:21

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