Too Many Loans I really need help
Date: Tue, 05/26/2009 - 13:34
I am from IL and I am stuck. I have way too many loans. Its been over a year and I got sucked into this trap.
Here are my loans.
United Cash ---- -----------Loan amt 400---- Paid 650
Payment Direct –--------- Loan amt 300---- Paid 90
Sagamore ------------------Loan amt 400 -----Paid 690
Paycheck Today -----------Loan amt 400-----Paid 170
SSM Group------------------Loan amt 300-----Paid 90
Payday yes------------------Loan amt 750------Paid 93
Eastside lenders-----------Loan amt 350------Paid 210
Payday Max-----------------Loan amt 800-----Paid 425
Fast and reliable Cash-----Loan amt 400----Paid 290
Little Loan Shope----------Loan amt 400 ----Paid 700
Zip 19 ------------------ Loan Amt 300----Paid 90
Arrowhead investments -- loan 300-------- paid 530
Magnum----------------------Loan amt 810-----Paid 316
I am planing on closing "or at least trying to" my Chase account tomorrow and getting a new bank account somewhere else.
I am a little worried as I have so many loans. I know that by closing my account it is the first step to getting out of this mess.
Please read this! It is how to get out of your trap. http://tiny
Please read this! It is how to get out of your trap. http://tinyurl.com/pdltrap
I will post the laws for your state, but I believe that these lo
I will post the laws for your state, but I believe that these loans are illegal in your state. if that is the case you will need to close your account or put a hard block on it.
All you are obligated to repay is the principle amount borrowed. All monet (interest , fees etc) is applied to the amount borrowed
I know Magnum is illegal. United Cash Loans is illegal in my sta
I know Magnum is illegal. United Cash Loans is illegal in my state, but they may be illegal everywhere else.
In the process of closing my bank account.
I was too late last week to stop the loans from going through but I was able to get my direct deposit over to a new bank for next week. And I did get in touch with the bank on closing my account.
I am writing the letters now and they should go out this week.