payday loans HELP
Date: Mon, 04/21/2008 - 09:17
Arrowhead Investment
Sagamore
Impact Cash
Zip19
The Loan Shop (Mount Oread Ventures)
Total Lending
I work and live in Tennessee but I still hold a WV drivers license and address there because I am still in school online. I have not changed my license because technically I spend enough time at home in WV that I can still be a resident. My question is I took these loans out with my mailing address in TN where storefront PDL's are legal. I spoke to the TN state finace dept and they are currently trying to stop internet loans but told me to file a complaint and little else. They agreed that the terms break TN check laws but said there is no real statute for internet loans but he agreed it he thinks it is wrong. My question is in WV these are hands down illegal is it possible to just tell them that these are illegal in my home state? I just cant afford all these loans and it is unlikely that they will allow for pay plans. I dont want them calling my work or people I know. I know they cant put me in jail or anything like that but I jsut dont want the emabarrassment.
rad - welcome to the site! Can you list the following info, s
rad - welcome to the site!
Can you list the following info, so we can help you out:
-how much you have repaid each loan (including interest and fees)
-I see you borrowed $300 from each one
-are these all internet? You said something about storefronts being legal, but these all look like internet lenders to me. Please correct me if I'm wrong.
I have not made any payments on any of them. They are due to co
I have not made any payments on any of them. They are due to come out this friday but I stopped everything in order to get a handle on it. The 90.00 fees would have eaten almost my entire paycheck with no repayment on the principle. The funny thing is i applied at 1 site and only 3 of these companies called me the rest never even spoke to me just put the money in and sent me loan docs in my eamil the next morning.
that happened to me once, too.. what i did was call the bank and
that happened to me once, too.. what i did was call the bank and had them return the deposits as it was unauthroized.. it worked. i know it's too late for you but i wanted to throw that out there for others that happens to.
good luck - i don't have much advice to offer but you can pull through this.
