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Payday loans

Date: Sat, 08/28/2010 - 06:07

Submitted by monaking
on Sat, 08/28/2010 - 06:07

Posts: Credits: [Donate]

Total Replies: 3


hello shazzers..i need some help.
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 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.


lrhall41

Submitted by kscornell on Sat, 08/28/2010 - 08:04

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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?


lrhall41

Submitted by on Sun, 08/29/2010 - 00:08

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