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URGENT HELP NEEDED TOO MANY PAY DAY LOANS

Date: Sun, 01/04/2009 - 13:55

Submitted by anonymous
on Sun, 01/04/2009 - 13:55

Posts: 202330 Credits: [Donate]

Total Replies: 3


Please I need urgent help with my payday loans. After all the loans are paid off I have no money left to pay bill or buy food. I really need your help.
Please tell me if you have a form letter to let the payday loan company know that I want to pay the loans I just need to lower payments and pay on the principle.

Outstanding Payday Loans
1. Cash Central $1004.38
2. Pay Day 1 $ 1286.90
3. Cash Transfer $1143.00
4. Cash Net USA $ 1500
5. Impact $520
6. Eastside Lender $750
7. World Wide Loans $ 400

As you can see I am drowning in payday loans. Please tell me how to proceed.

Thank You


Hi Klspsw,

Welcome to our forum. :D

What state do you live in? Every state has its own set of payday loan laws.

In case of internet pdls, please check whether they are licensed to lend in your state. Please go through the following page: -
Internet Lending in all 50 states

In case of unlicensed debts, you're only obligated to pay the principal amount.


lrhall41

Submitted by phoenix on Sun, 01/04/2009 - 23:53

( Posts: 1445 | Credits: )


Cash Central, is legal, and will have to work out payment arrangements with them.

Cash Net USA, is also legal and plays pretty close to the rules, you'll have to work a payment plan with them. (unless its someone else pretending to be CashNet.. can't remember who Paul said now.. though i'm sure he'll pop his head in)

As phoenix said, we need the state you live in


lrhall41

Submitted by beli2005 on Mon, 01/05/2009 - 08:19

( Posts: 882 | Credits: )