payday loan trouble
Date: Sat, 08/25/2007 - 21:28
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brianna, please post what state you reside in. Also post which pdl's you are dealing with. Are they store front or internet? Also post how much you borrowed from each one (principle amount only) and how much you have paid so far. If you give this information, we can help you. :D
pdl trouble
Cannr this is a reply to your questions. I am embarrassed to write this but I have all these pdl's trying to pay my regular bills and interest on these pdl's. But they are all internet, and I have 7. One is usfastcash- 350 owe 260, cashnetusa-300 owe 168, paydayok-500 owe 500, paydaselect-500 owe 500, paydayone- 500 owe 500 and cashcentral 600 owe a 600. I live in Louisiana.
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Oh, please! I had 12 internet pdl's when I first came here! Nothing shocks us! Okay, you're in Louisiana. I've got the pdl law for your state. I'm going to post it for you to see what I'm talking about. First off, your state does not allow for rollover/extension fees, which is what these internet pdl's are charging you. Not allowed. I know for a fact that USFastCash is not licensed/legal. The others I will have to check on for you. However, when you posted your loans (which is good) I'm only counting 6 and you said 7. And, also, For USFastCash, Cashnetusa you posted what you borrowed and then said "owe". Don't do that. Tell me what you've paid them so far. Since the majority of these internet pdl's are illegal, you don't count the "fees". Just what you paid total. So, if you could, please tell me how much you've paid USFastCash and CashNetUSA. I'm posting your state law below for you to see. On a positive note, criminal action is prohibited in your state. I always check that.
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Louisiana State Information info here http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html