Payday One in Illinois
Date: Sat, 04/10/2010 - 07:57
Submitted by starrstruckagain
on
Sat, 04/10/2010 - 07:57
Total Replies: 2
They told me there is no other way to make payments with them since I am in IL. The only way for me to make payments is to pay the 179.00 every 2 weeks. Is this true?
It is an installment loan and I know it but I just wanted to freeze it and pay it off in increments of 100.00 so interest stops collecting on it and she said no I have to pay the 179.00 every 2 weeks there is no other option.
Any had luck with them in IL?
It is an installment loan and I know it but I just wanted to freeze it and pay it off in increments of 100.00 so interest stops collecting on it and she said no I have to pay the 179.00 every 2 weeks there is no other option.
Any had luck with them in IL?
Look over your contract to make sure it is actually an installme
Look over your contract to make sure it is actually an installment type of loan, if it is, then they wouldn't need to follow the payday loan laws. Hopefully paulmergel will be along to reply, he lives in IL and can give you better advice on how to proceed with this.
Do you have any more info on Payday One? I searched the IL Dept
Do you have any more info on Payday One? I searched the IL Dept of Financial Institution's license search and couldn't find them. Are you sure they're licensed in IL?