i have closed my account today
Date: Tue, 06/19/2007 - 09:40
Submitted by smithmapleshade
on
Tue, 06/19/2007 - 09:40
Total Replies: 5
ameriloan 250 pd 225 take out 75
tendollarpayday 300 pd 735 take out 95
loanshop 300 pd 135 take out 45 a week
loanshop 300 pd 135 take out 45 a week
xpresscash 300 pd 390 takeout 90
cashdirectexpress 300 pd 198 takeout 66
paydaymax 500 nothing pd yet not until 7/13
i live in the state of nj so whatis my next stop
i need to send a garnish wage, revoke ach and what else
New Jersey prohibits payday loans. It is illegal for any company
New Jersey prohibits payday loans. It is illegal for any company to lend in your state. You were liable to pay the principal amount only.
If payday loans are prohibited in your state, that applies to in
If payday loans are prohibited in your state, that applies to internet payday loans also. You are only responsible for the principal amount you borrowed. Make sure you get your letters out and file your complaints. Also, just to be on the safe side, take copies of your letters where you are stating that you revoke authorization for them to debit your account to the back where you closed your account. That way if these places try to continue to debit that account, the bank is aware of what is going on.
I think you should work to repay what you owe by law or the prin
I think you should work to repay what you owe by law or the principal amount whichever is greater. If you really want a fight you could push tendollarpay for a partial refund if you overpaid according to your state laws but that will be a tough battle since they are going to fight back saying you still owe them money. Make sure you pay your important bills first before you pay these guys though. These are rent, auto and utilities. Also keep on your bank and make sure they do not force open your account and charge you a bunch of fees for bounced payments.