HELP! I got in a vicious cycle

Date: Mon, 04/06/2009 - 16:23

Submitted by anonymous
on Mon, 04/06/2009 - 16:23

Posts: 202330 Credits: [Donate]

Total Replies: 4

I..um dont know how this happened but as of right now I have four outstanding payday loans for $300 each from the internet here in California

Red River, Ameriloan, pAYDay yes And one other one..

THey take $90 out each paycheck!!!!

Anyone know what i should do!?! :(

first you should check your state laws i.e California :)

lrhall41

Submitted by bakerjon on Mon, 04/06/2009 - 22:33

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The ones you listed are all illegal. Go Here and read up on t

The ones you listed are all illegal.

Go Here and read up on the steps to take when dealing with illegal lenders.

With illegal lenders you only owe the amount borrowed. Any fees or rollover charges go towards that amount.

lrhall41

Submitted by nohiogal on Tue, 04/07/2009 - 02:32

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so how do i prevent them from with drawing funds from my account

so how do i prevent them from with drawing funds from my account on friday

i put a stop payment on three of them but im afraid they may try and do it under a different name.

lrhall41

Submitted by on Tue, 04/07/2009 - 17:05

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Then close the account and make sure the bank freezes it.

lrhall41

Submitted by nohiogal on Tue, 04/07/2009 - 17:08

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