payday loan help
Date: Mon, 04/20/2009 - 17:13
List the companies you have the loans with and whether it is a store front operation or an internet operation.
Loan Shop Online
Itsmypayday.com
both internet operations
List the original amount of the loan for each account
Loan shop online: three loans.
balances are as followes: $50.00
85.00
300.00
It'smypayday $500.00
I'm not sure of the original amounts as I have renewed and renewed.
List what you have paid so far for each loan.
List what state you currently reside in.
Texas
I did not find either of those companies on the TX license datab
I did not find either of those companies on the TX license database or the TX CSO database.
They both appear to be located in DE but I did not find a license for them their either.
They are both unlicensed/illegal.
You can go here and read the steps to take when dealing with illegal lenders.
You only owe the amount you borrowed. Any fees or rollover charges you have paid apply to that amount.
reply
one problem novice.being as these are illegal lenders they will say the consumer owes more than they do.whaty they should do is get there bank statements.see how much was borrowed.then see how much was debited in fees.never contact an illegal lender about how much you owe.they will insist you owe the amount borrowed plus fees.that is not true.
