Assistance with Payday loans
Date: Thu, 07/01/2010 - 05:55
USFast Cash borrowed 200 paid 60
MyCashNow: borrowed 850 paid 1,817.56 balance 419.83
PayDayMax borrowed 510 and payment was returned, however, I was allowed to borrow $610 (I was unaware that payment had been returned), so now I owe for BOTH loans and am being contacted by Credit Protection Depot (CDP) in Las Vegas for payment of the first loan. I checked with the BBB in southern Nevada, and according to them, that business is closed. The Nevada AG has a cease and desist order against them.
Can you please help me to get out from under these guys?
Payday loans are prohibited in your state, you have MORE than pa
Payday loans are prohibited in your state, you have MORE than paid off MyCashNow. Credit Protection Depot is the same as Paydaymax, and NOT legal. Never admit to owing a debt to a voice over the phone, it could be anyone. Besides, they aren't even a legal entity in your state so there isn't very much they can do besides threaten you.
What you actually need to do is close your account and make payment arrangements with the ones you owe, via the mail, with money orders. The reason I say close your account is because it will never be safe again, these companies are notorious for sharing personal account information with other illegal lenders, so it is hard to tell who might get their hands on your account info. CLICK HERE to find out how to deal with illegal lenders.
Bobbywo, payday lending is not legal in your state. Thus, you ar
Bobbywo, payday lending is not legal in your state. Thus, you are not supposed to pay the payday lenders more than the principal amount. You can file complaint with the State Attorney General if these lenders tries to collect more money from you.
Please follow Shazzers' and SCs' advice and get that account clo
Please follow Shazzers' and SCs' advice and get that account closed as soon as possible. When you go to the bank, talk to the manager about what's happened.
