Need PDL advice in CT
Date: Mon, 07/20/2009 - 12:53
HELP please! I have 4 open pdls and I live in CT where I'm pretty sure these loans are illegal. What are my options? Here are the details:
Discount Advances (internet) - 590 borrowed, 532 paid
Ace Cash (internet) - 300 borrowed, 270 paid
Loan Shop (internet) - 300 borrowed, 270 paid
Cash Supply (internet) - 1000 borrowed, 125 paid
I have already instituted stop payments and ACH revocations at my bank so no more charges will go through but should I simply call all of these companies and offer to pay the balances or do I need to use these pdl "Help" companies that seem to just want me to pay them the fees instead?
Discount Advances (internet) - 590 borrowed, 532 paid
Ace Cash (internet) - 300 borrowed, 270 paid
Loan Shop (internet) - 300 borrowed, 270 paid
Cash Supply (internet) - 1000 borrowed, 125 paid
I have already instituted stop payments and ACH revocations at my bank so no more charges will go through but should I simply call all of these companies and offer to pay the balances or do I need to use these pdl "Help" companies that seem to just want me to pay them the fees instead?
Payday loans are prohibited in the state of CT and so you are li
Payday loans are prohibited in the state of CT and so you are liable to pay them only the principle amount borrowed and not the interest charges. You can check the following link http://www.debtconsolidationcare.com/paydayloan/illegal-pdl-dealings.html for more info on dealing with illegal payday lenders.
