Upfrontmoney.com/arrowhead investments

These loans have such a high rate of interest, that whenever you make a payment it does not stop the balance since it accrues interest on a daily basis. The quickest way...call them, ask what exact amount needs to be paid to pay it ALL off. After that get a conformation that its taken care of in case they try to say its not paid in full.

Here are the laws for FL:

Florida State Information

Legal Status: Legal

Citation:
Fl. Stat. Ann. ???? 560.401 et seq.; Rule 69V-560.901-912

Loan Terms:
Maximum Loan Amount: $500
Loan Term: 7-31 days
Maximum Finance Rate and Fees: 10% + verification fee
Finance Charge for 14-day $100 loan: $15
apr for 14-day $100 loan: 390%

Debt Limits:
Maximum Number of Outstanding Loans at One Time: One
Rollovers Permitted: None (cannot rollover)
Cooling-off Period: 24 hours
Repayment Plan: Yes

Collection Limits:
Collection Fees: All charges imposed on the lender by any financial institution; lender not entitled to treble damages
Criminal Action: Prohibited

Where to Complain, Get Information:
Regulator: Florida Office of Financial Regulation
Address: Division of Securities and Finance, 200 E. Gaines Street Tallahassee FL 32399
Phone: (850) 410-9805
Fax: (850) 410-9748
http://www.flofr.com/

It looks like that both companies are breaking FL laws by allowing you to roll over the loans.

It's still me I had to create a new account for some reason it wasn't letting me in.. anyhow What do I do about my bank account since I can't close it. How do I get them to stop taking money if they weren't allowed to roll over my loan?

Please make sure you read the sticky in regards to closing your account. The general thing to do is to close your account in order to stop them from withdrawing anymore funds from the account. The key is to make sure that the account is close before you send any letter to the payday lender. You might want to look at your bank statements to see if you have paid what is required under FL law. If you have then, ask for a refund of the overage. There should be some one that have a little more knowledge than myself to help you shortly.

my bank account was closed by the bank and I owe money to up front loans. Can I be prosecuted for hot check

Hi Debra,

What state do you live in? I can check the law's for you...

no you can't be prosecuted.debts are civil matters not criminal ones.especially online pdl's.

Thanks Paul, I'm still learning some things :D