Payday loans
Date: Sat, 08/28/2010 - 06:07
i am from california. and i have like 7 payday loans that are past due..i lost my job and have no way of paying them..they are all either threatening to take me to collections or garnish my wages..i am so stressed.
the companys are:
zip19
cashnetusa
greatskycash
speedycash
moneytree
acecash
can this effect my credit at all..can they take me to court???
I am also in California and can tell you from personal experienc
I am also in California and can tell you from personal experience that California is very interested in going after these illegal lenders, even banning some of them in some cases.
First off, noone is going to come to arrest you. If anyone does harass you file a complaint with the Dept of Corporations, I did.
Cashnet Usa and Moneytree are legal in California. Others are il
Cashnet Usa and Moneytree are legal in California. Others are illegal. Regarding your question on whether anyone can take you to court, let me tell you that criminal charges are illegal in your state.
What I want to know is even though these companies are legal, th
What I want to know is even though these companies are legal, their practices are not...for instance rolling over loans or the fact that you can only have one loan at a time. The instructions were clear cut for how to handle illegal payday loan companies...close account...etc...how do we handle legal companies/illegal transactions?