I need help on pay day loans fast
Date: Mon, 12/15/2008 - 08:50
Cash Transfer Centers 1300.00, paid back 0 have a late fee
The following I am just listing for now I am looking for the contracts
PayCheck Today
Sign My Loan
ameriloan
United Cash Loans
Instant Cash USA, taken over by money and more
Impact Cash $300.00 (no payments made)
I need to check on how much I have paid on these, but have been paying since August on most of them.
I am from Nebraska
Also I am a teacher, will they contact my employer as I am dealing with this?
I have closed out my bank account they were pulling money from, do to other curicumstances.
Also what steps do I need to take to get myself legally out of this mess, I appreciate all your help.
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You need to write each of them a C&D letter certified return rec
You need to write each of them a C&D letter certified return receipt or they will call any number you gave them, and even some numbers you didn't (parents, neighbors ect) , i'd also look up Nebraska's payday laws, then go from there. Btw, here's the laws for Nebraska
Quote:
Legal Status: Legal Citation: Neb. Rev. Stat. ???? 45-904 Loan Terms: Maximum Loan Amount: $500 Loan Term: Max: 31 days Maximum Finance Rate and Fees: $15 per $100 or pro rata for any part thereof on amount 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: Two Rollovers Permitted: None (cannot repay, refinance, consolidate) Cooling-off Period: Repayment Plan: Collection Limits: Collection Fees: $15 NSF fee Criminal Action: Where to Complain, Get Information: Regulator: Nebraska Department of Banking & Finance Address: Financial Institutions, 1230 'O' Street, Suite 400 P.O. Box 95006 Lincoln NE 68509 Phone: (402) 471-2171 Fax: Regulatory Contact: Karen Reynolds,, Review Examiner |
ameriloan, United Cash Loans, Instant Cash USA and Impact Cash d
ameriloan, United Cash Loans, Instant Cash USA and Impact Cash don't seem to be legal in Nebraska. For these you can only pay them their principal amount.
silly question
I am not sure what C and D letter is, does anyone have any examples? Thanks, this is a great forum! I need all the help I can get.
FYI, C & D letters are only legally enforceable to third party c
FYI, C & D letters are only legally enforceable to third party collectors, however, many members have sent them to illegal lenders anyway, no harm done, just don't have to high expectations. :)
