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Wisconsin PDL

Date: Wed, 05/02/2007 - 11:24

Submitted by anonymous
on Wed, 05/02/2007 - 11:24

Posts: 202330 Credits: [Donate]

Total Replies: 3


So you are trying to get money back from Payday Select? I have a past due account with them and called to try to work out a payment plan. I took out a $500 loan and now the balance is $741.00. Brandy said they would settle if I paid them $500.00. I have already paid 374.00 in fees alone. What should I do??


I live in Wisconsin and my husband and I both have a loan through Payday Select for the last 6 months. Are they licensed in Wisconsin? What if they are not licensed? Do I have any recourse? I am in the process of working with Green Path but do I still owe Payday Select. I have paid interest for 6 months. thanks


lrhall41

Submitted by on Thu, 05/03/2007 - 09:14

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If you have been paying interest for 6 months they may owe you money under the laws of your state. I think I read that Wisconsin has an 18% maximum interest rate. Someone will post your state laws here. You can find them on this site somewhere. Try typing in Wisconsin Laws in the searc box above. I would go to your bank and stop the ACH withdrawals immediately. If the bank can't do that without charging you, close your account and open a new one. Pay Day Select will then have to deal with you directly. Do not let them intimidate you. You can win this one.


lrhall41

Submitted by Frogpatch on Thu, 05/03/2007 - 09:25

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