Please let me know what to do!
Date: Tue, 11/27/2007 - 16:29
Could you verify the process I should use to get out of the vicious circle of payday loans. I live in Delaware. The following are my loans and balances.
Cash Transfer Center - payable in 14 days - no extensions $800 plus $216 interest
DiscountAdvances $600 - paid $210 interest
CashNet $500 - $0 paid to date
Crown Lending $300 - paid $180 interest
FastWire $300 - paid $90 interest
United Cash $300 - $0 paid to date
Should I close my checking account and contact each of these lenders to set up alternate payment arrangements. Thank you in advance for any help you can give.
Cash Transfer Center - payable in 14 days - no extensions $800 plus $216 interest
DiscountAdvances $600 - paid $210 interest
CashNet $500 - $0 paid to date
Crown Lending $300 - paid $180 interest
FastWire $300 - paid $90 interest
United Cash $300 - $0 paid to date
Should I close my checking account and contact each of these lenders to set up alternate payment arrangements. Thank you in advance for any help you can give.
r
laura, I'm going to post your state pdl law so we can all see it. It looks as though Delaware does not have very strict pdl laws, unfortunately. Also, we can run down the list to see which of your pdls are actually licensed/legal. Hang on and let me post the state pdl law first.
r
Off hand, I do know that Cash Transfer Centers is unlicensed/illegal. United Cash is unlicensed/illegal. And, your "CashNet" - is that actually "CashNetUSA"? If so, it WILL be licensed/legal. We'll have to check to see if the others are licensed.