Lucky Cash 4 U - Nevada

Date: Fri, 10/26/2007 - 12:45

Submitted by anonymous
on Fri, 10/26/2007 - 12:45

Posts: 202330 Credits: [Donate]

Total Replies: 10

Hi all. I'm an idiot. I took out a loan with LC4U a month ago, made one payment that was over the minimum, but haven't been able to pay them any more, since. So, I have accumulated massive late fees and interest. Their late fees are 2% of principal balance DAILY! It's pure evil. At this rate, I'll end up paying them $1200 for a $400 loan. Is there any way for me to dispute the interest / late fees as 'userous'or are there laws in my state (Nevada) regulating the amounts of fees for 'long term installment loans'?

Also, I asked them for an itemized invoice.. one that shows EVERYTHING, starting from day one. They said they have no way of providing that, even though it states on the contract "You have the right to receive and itemization, at this time,of the amount financed."

Any help will be appreciated.

This is my post

I thought I was logged in when I posted. Any way a Mod can change that 'Guest' to my name?

lrhall41

Submitted by da_mous on Fri, 10/26/2007 - 13:02

( Posts: 16 | Credits: )

reply

da mous, unfortunately, we can't change the name from "guest" to you. You just have to be sure to log in each time you come. :D Is this Lucky Cash 4 U an actual installment loan? Not a pay day loan?

lrhall41

Submitted by cannr on Fri, 10/26/2007 - 19:58

( Posts: 9317 | Credits: )

Lol, I tried to change it too!

lrhall41

Submitted by finsfan13 on Fri, 10/26/2007 - 20:01

( Posts: 6919 | Credits: )

reply

Well, we know "guest" is da mous!

lrhall41

Submitted by cannr on Fri, 10/26/2007 - 20:05

( Posts: 9317 | Credits: )

You are not an idiot! Trust me, we've all gotten messed up with

You are not an idiot! Trust me, we've all gotten messed up with these thieves.

lrhall41

Submitted by finsfan13 on Fri, 10/26/2007 - 20:09

( Posts: 6919 | Credits: )

Hi Cannr, yes, they are considered a 'long term' installment loa

Hi Cannr, yes, they are considered a 'long term' installment loan company. It just makes me sick to my stomach to think about that amount I have to pay back to them, but, I did it to myself.

lrhall41

Submitted by da_mous on Wed, 10/31/2007 - 02:52

( Posts: 16 | Credits: )

Please stop making yourself sick. We all make mistakes, and we l

Please stop making yourself sick. We all make mistakes, and we learn and grow from them. We are here if you need us, or just want to vent.

lrhall41

Submitted by kashzan on Wed, 10/31/2007 - 05:25

( Posts: 5401 | Credits: )

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de mous, did you request in writing for them to send you something itemizing everything? I'm sure they're supposed to abide by your request. Have you tried that? If so and they denied you, you may have to "remind" them of what it states on their contract.

lrhall41

Submitted by cannr on Wed, 10/31/2007 - 20:25

( Posts: 9317 | Credits: )

Cannr, no, I requested when speaking with one of their managers.

Cannr, no, I requested when speaking with one of their managers. I will get their address and request the itemization, in writing. Thank you all for your support. I'm just going to pay them off, move on and consider this an expensive learning experience.

lrhall41

Submitted by da_mous on Thu, 11/01/2007 - 15:57

( Posts: 16 | Credits: )

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de mous, please do send them something in writing demanding itemization. You have the right to demand this. Please drop back in and let us know how you're doing. And, if you have any problems at all, we will be here. Just post & we'll help! :D

lrhall41

Submitted by cannr on Thu, 11/01/2007 - 16:22

( Posts: 9317 | Credits: )