need help fast, please
Date: Mon, 02/15/2010 - 04:31
In total I have paid about 12000 in interest, however, I'm not sure how this works since each loan is a different loan. I can't pay anything right now, but I'm hoping they will work out an agreement. What should I do?
If the lender is illegal, they wont work out anything. What st
If the lender is illegal, they wont work out anything.
What state are you in and have you closed your account yet?
Others will be along soon.
Quote:Originally Posted by AnonymousI have a payday loan with an
Quote:
Originally Posted by Anonymous I have a payday loan with an illegal lender. I have read in your forums that they cannot charge me the interest if it is more than the original debt. I have borrowed from this lender about 30 times, I ususally borrowed 1500 and paid back 1900 for a two week loan. In total I have paid about 12000 in interest, however, I'm not sure how this works since each loan is a different loan. I can't pay anything right now, but I'm hoping they will work out an agreement. What should I do? |
who is the lender?
how much is this loan?
what state are you in?
please answer those questions,and we can help you here.
My cashnow.com burrowed amount 345.00 saying i now owe 1014.00 j
My cashnow.com burrowed amount 345.00 saying i now owe 1014.00 just since october of 09 and i live in kansas city,mo
I have one, a payday loan with FBD Federal Bank of Delaware and
I have one, a payday loan with FBD Federal Bank of Delaware and I borrowed 500.00 and in interest I will have paid 500.00 is this legal? I owe about 90.04 in 3 more pmts. I am closing my bank acct ...so can they contact my employere?
I also have a loan for 775.00 and I will have to pay 19.00 per 100 next payday. I read they are zip 19 with Northway Financial...I am closing my acct so they cannot withdraw any more..Will they attach my wages
Quote:Originally Posted by Amelia ErhartI have one, a payday loa
Quote:
Originally Posted by Amelia Erhart I have one, a payday loan with FBD Federal Bank of Delaware and I borrowed 500.00 and in interest I will have paid 500.00 is this legal? I owe about 90.04 in 3 more pmts. I am closing my bank acct ...so can they contact my employere? I also have a loan for 775.00 and I will have to pay 19.00 per 100 next payday. I read they are zip 19 with Northway Financial...I am closing my acct so they cannot withdraw any more..Will they attach my wages |
We need more info, please provide the following information so we can help you;
-Names of each pdl company.
-Whether they are store front or Internet.
-How much you borrowed.
-How much you paid so far.
-The state in which you reside.
Quote:Originally Posted by Amelia ErhartI have one, a payday loa
Quote:
Originally Posted by Amelia Erhart I have one, a payday loan with FBD Federal Bank of Delaware and I borrowed 500.00 and in interest I will have paid 500.00 is this legal? I owe about 90.04 in 3 more pmts. I am closing my bank acct ...so can they contact my employere? I also have a loan for 775.00 and I will have to pay 19.00 per 100 next payday. I read they are zip 19 with Northway Financial...I am closing my acct so they cannot withdraw any more..Will they attach my wages |
FDDloans.com is not a payday loan so the regulations that apply are different. They will call your employer, and will report on your credit as unpaid. If you close your account they will still attempt to process payments, until the bank finally tells them no. You will be responsible for the fees at your bank as well as their NSF fees. So you may want to consider an early pay off which will save you some money.
Quote:Originally Posted by Amelia ErhartI have one, a payday loa
Quote:
Originally Posted by Amelia Erhart I have one, a payday loan with FBD Federal Bank of Delaware and I borrowed 500.00 and in interest I will have paid 500.00 is this legal? I owe about 90.04 in 3 more pmts. I am closing my bank acct ...so can they contact my employere? I also have a loan for 775.00 and I will have to pay 19.00 per 100 next payday. I read they are zip 19 with Northway Financial...I am closing my acct so they cannot withdraw any more..Will they attach my wages |
FBD is the same as THINK CASH.try to work out a payment plan that doesn't involve debits on your current account.the other loan is totally illegal,so close the acount.also get a WAGE ASSIGNMENT REVOCATION letter to your HR,or payroll person.being illegal they can't get a legal garnishment.an assignment or attachment is voluntary,and revocable.once you do that,and you work out a payment plan with FBD.you should be okay.