payday help
Date: Thu, 05/13/2010 - 08:10
I am lost, I need help, I have been reading all of the threads, I live in MN I have 5 payday loans, 2 are legal that I am working on setting up payment plans. I believe the other 3 are not legal:
CMG Group LLc
MyCashnow
Cashdirect
I read that these three also go by other names so I looked on Commerce website and didn't find either 3 licensed. CMG originally was $300.00 - I have had this loan for 6 mos, have been paying $90.00 every two weeks.
Mycashnow, is my 3rd loan thru them, it was for $810.00, I paid $350.00 so far on newest loan.
Cashdirect is $400.00 - have paid interest twice for total $212.00.
Please help me with advice on how I will go about getting rid of these.
CMG Group LLc
MyCashnow
Cashdirect
I read that these three also go by other names so I looked on Commerce website and didn't find either 3 licensed. CMG originally was $300.00 - I have had this loan for 6 mos, have been paying $90.00 every two weeks.
Mycashnow, is my 3rd loan thru them, it was for $810.00, I paid $350.00 so far on newest loan.
Cashdirect is $400.00 - have paid interest twice for total $212.00.
Please help me with advice on how I will go about getting rid of these.
Inform them that you have reason to believe that they are not li
Inform them that you have reason to believe that they are not licensed to lend in your state and that you are only obligated to repay the principal. If they object then ask them for proof that they are licensed in MN, such as their license number, and then look them up on the commerce site.
The continue to pay the principal until they have been paid off.
CLOSE YOUR ACCOUNT! CLICK HERE to find out how to deal with unli
CLOSE YOUR ACCOUNT! CLICK HERE to find out how to deal with unlicensed lenders.
