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Payday loan dfaults

Date: Thu, 06/14/2007 - 20:10

Submitted by anonymous
on Thu, 06/14/2007 - 20:10

Posts: 202330 Credits: [Donate]

Total Replies: 10


I have 5 payday loans that i have defaulted i have them through the internet i live in texas what is the law and how can i get help


Freaky Friday is right. The calls will be the worst of the ordeal. If you can put up with those for a few you will be fine. File complaints with your Attorney General's office. Some companies will threaten you with arrest and having criminal charges brought against you, don't panic, they are lying, you will not be arrested. Which companies are you dealing with? That way others can tell you what to expect from their own experiences.


lrhall41

Submitted by WHEREAMI? on Fri, 06/15/2007 - 02:52

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you should contact those companies and ask them if you can make a payment arrangement. since you did take their money it is appropriate to, at the very least, repay the principle amount owed. I'm sure they will work with you if you are using a reputable companies. remember these companies allowed you to pay bills during your time of need, so do the right thing and try to repay them. Defaults are the reason for the high rates that MUST be charged in order to provide the service and pay overhead operating cost and make a profit.


lrhall41

Submitted by on Sun, 06/17/2007 - 17:46

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Default is not their reason for high interest. They're reason is that they are PREDATORS!!!! KYSIDE38


lrhall41

Submitted by KYSIDE38 on Sun, 06/17/2007 - 17:49

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I agrees with Steelers1. What the hell? Signed in as "guest", abhill gives sound "wonderful, sound advice" regarding how these companies will work with you and that's why the rates are so high. HELLO!!! And which one of the many illegal pdl's are you with, abhill??? When I read crap like this posted on here for people who have been taken advantage of, it makes my skin crawl. People are scared to death as it is and searching desperately for help and then some ya-hoo comes on here and posts something retarded!


lrhall41

Submitted by cannr on Sun, 06/17/2007 - 18:04

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