Unable to pay Internet Payday Loans
Date: Tue, 11/04/2008 - 20:32
I've never been unable to pay my loans but realized that I won't be able to make any of my 3 payday loans coming up. What should I do? I've provided the following information in regards to who I owe and how much. I live i n the State of Hawaii.... Payday One I borrowed $500 / interest is 88.20 / $588.20 due 11/12/08 Discountadvances borrowed 500 / interest is 129.38 / $629.38 due 11 /14/08 CashnetUSA borrowed $500 / interest is 70.60 / $570.60 due 12/1 please HELP!
Pdl laws in Hawaii: - Quote:Legal Status: Legal (Applies to che
Pdl laws in Hawaii: -
Quote:
Legal Status: Legal (Applies to check cashers only) |
Quote:
Loan Terms: Maximum Loan Amount: $600 Loan Term: Max: 32 days Maximum Finance Rate and Fees: 15% of check Finance Charge for 14-day $100 loan: $17.65 apr for 14-day $100 loan: 459% Debt Limits: Maximum Number of Outstanding Loans at One Time: One Rollovers Permitted: None (cannot refinance or consolidate) Cooling-off Period: Repayment Plan: Collection Limits: Collection Fees: $20 NSF fee; Check Casher that accepts check passed on insufficient funds not entitled to recover damages Criminal Action: Prohibited (Unless check returned due to closed account or stop-payment by maker) |
Quote:
Where to Complain, Get Information: Regulator: Hawaii Department of Commerce and Consumer Affairs Address: Consumer Resource Center, 235 S. Beretania Street, Rm 801 Honolulu HI 96813 Phone: (808) 587-3222 Fax: (808) 586-2640 |
Though I'm not sure but all the 3 pdl companies are licensed in
Though I'm not sure but all the 3 pdl companies are licensed in your state. So, you have to follow the pdl laws of your state, as mentioned above.