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Questions about PDL's to NY Residents

Date: Sat, 04/17/2010 - 15:23

Submitted by James DePrima
on Sat, 04/17/2010 - 15:23

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Total Replies: 3


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Quote:

Originally Posted by James DePrima
Thanks....do you know if all payments paid towards these companies count towards the principal? and if so am I technically liable for a 25% intrest rate. One of the loans, Cash Jar I have already paid $1100 on a $545 loan.
Thanks again


being as they are illegal you only owe the principle borrowed.anything debited in so-called fees goes towards the loan.do as shazzers advised.she is right on the money.


lrhall41

Submitted by paulmergel on Mon, 04/19/2010 - 06:00

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