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Payday Loan help for state of texas

Date: Wed, 06/24/2009 - 13:38

Submitted by devylred2000
on Wed, 06/24/2009 - 13:38

Posts: 6 Credits: [Donate]

Total Replies: 4


I have three internet pdl's, i live in the state of texas and am not savvy enough to figure out the answers to my questions....so can you please HELP me !!!!

one is with payday one opened 12/19/08 the loan amount was for $1,000, I have paid $1376.16 to date and STILL owe $800.00 to pay off the loan

the second is paragon funding opened 04/09 the loan amount was $300.00, I have paid $450.00 to date and STILL owe the $300.00 to pay off the loan

the third is with United Cash Loans for $300.00 and we have not made a payment yet on the account which is due this friday.

I also wanted to ask if United Cash Loans was licensed in the state of Texas for PDL's and what trouble do I run the risk of getting into if I do not pay the comapanies.


Payday One is licensed to lend to Texas residents, request an EPP (extended Payment Plan) with them. United Cash Loan is NOT a licensed lender in the state of Texas. CLICK HERE to find out how to deal with illegal lenders. I am unsure of Paragon, but if you type "Paragon Funding" into the search box located in the upper right hand corner of this forum you can research them to see if they are legal lenders for your state.


lrhall41

Submitted by Shazzers on Wed, 06/24/2009 - 20:26

( Posts: 17344 | Credits: )


Thanks for responding,
with PayDay One, since I have paid $1376.16 already in less than 7 months and STILL owe the original $1000.00 i borrowed would I still owe them the complete amount? Isn't there some kind of cap on finance charges in Texas, because at this point I have paid back the loan plus $376.16, isn't that enough? Also, I cannot find any links that successfully give me information regarding Paragon Funding and if they are licensed in Texas. Any help would be appreciated.


lrhall41

Submitted by on Mon, 06/29/2009 - 20:31

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