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Help in Ohio

Date: Fri, 05/29/2009 - 07:26

Submitted by anonymous
on Fri, 05/29/2009 - 07:26

Posts: 202330 Credits: [Donate]

Total Replies: 2


I need some Payday Loan help in Ohio.

I have a company called PanAm Cash that's ripping me off bigtime!

At first I had a $200 loan with a "service fee" of $70. What they don't tell you is that this "fee" is charged every week until you pay off the loan!

I paid the first "service fee" and they approved me for another $300, which they combined with the original $200 and now charge me a service fee of $150.

I've paid them almost $370 in "service fees" and it states that my loan balance is $650!!!

How do I stop this nightmare?!?


Is this a store front lender or Internet? If this is an Internet Lender they are illegal in Ohio. Also, if this is a store front lender you need to look at your contract to see if this is a payday loan or an installment loan. The laws for ohio (payday lenders) are at the link below.
http://www.paydayloaninfo.org/state_detail.cfm?id=OH


lrhall41

Submitted by Shazzers on Fri, 05/29/2009 - 09:46

( Posts: 17344 | Credits: )