Help w/ PDL payments
Date: Thu, 09/02/2010 - 08:10
You've come to the right place. The community has a wealth of k
You've come to the right place. The community has a wealth of knowledge and experience in this area. You will need to provide the following for someone to help you. (This is just so we don't cite the wrong laws for state for example)
State of residence
# of Loans
Name of lenders with the breakdown of the following:
Lender
Amount Borrowed
Amount Paid (Including interest and fees)
Number of times you extended the loan
Whether the loan was obtained online or in a store front
Many states only allow "x" amount of loans to be taken at a time or cap them at $500. Some states don't allow loans to "roll over" or be extended - capping the duration at 31 days.
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html
If you go to that page on the forums and click on the drop-down and select your state you will get a fair amount of info.
I live in Colorado and all the loans were done online and I owe
I live in Colorado and all the loans were done online and I owe about $2,000. I know it was stupid but I had to keep borrowing to make my monthly bills because of all the pdl payments coming out. Is there any help for me? Here are the companies:
Greatsky cash
1800999cash
Sure advance
Paydayyes
Payment Direct On line
Ameriloan
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Looks like you have fallen in a trap of illegal lenders. Don't p
Looks like you have fallen in a trap of illegal lenders. Don't pay them anything more than what you have actually borrowed. Click here to know how to deal with illegal lenders.