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1st payment

Date: Fri, 02/01/2008 - 13:52

Submitted by anonymous
on Fri, 02/01/2008 - 13:52

Posts: 202330 Credits: [Donate]

Total Replies: 4


I received a $200.00 loan in Jan. I would like to know when the first payment is due?


Take a look at your contract and the terms will be listed there. It sounds like this might be a payday loan so your fees will be automatically deducted from your bank account. It's important to pay with loan in full asap...the fees they deduct will most likely force you to pay more than is legally allowed.

For more information - please post the company you've borrowed from, the state you live in.


lrhall41

Submitted by debrag_25 on Mon, 02/04/2008 - 08:50

( Posts: 220 | Credits: )


The first payment which will probably be fees only is usually taken from your first paycheck. I am sure that you were asked when your pay days were, and that is when you will begin to pay the fees. for a 200.00 loan you will be amazed at how much you will wind up paying. Please if possible try to find a way to pay this off.There have been people who have paid welll over 1000.00 for a 200.00 loan.


lrhall41

Submitted by kashzan on Mon, 02/04/2008 - 08:58

( Posts: 5401 | Credits: )