PayDay loan and unemployed
Date: Thu, 02/11/2010 - 13:55
Someone might have posted a similar question like this, but I could not find any info on it. I took out 2 payday loans about 3-4 months ago. I was employed at the time and about a month and a half ago, I was laid off. I am frantically searching for a new job, but nothing yet. The payday loan companies have NO sympathy that I am just now getting unemployment and I just cannot afford to pay anything back on these loans. One of which was through Loan Shop Online, knowing now they are illegal, I have sent a cease and desist letter to them asking them to quit harassing me and letting them know AGAIN I am umeployed. Is there anything I can do to help myself out of this situation and get them to stop bugging me?
Hope they would take your letter seriously and act upon it. Ho
Hope they would take your letter seriously and act upon it.
How much did you borrow? How much have you paid them so far?
You can check out the following link to find out ways to deal with illegal lenders.
http://www.debtconsolidationcare.com/paydayloan/illegal-pdl-dealings.html