Internet Payday Loans
Date: Wed, 10/06/2010 - 18:28
Does anyone know if ABC Payday Loans and E-Payday Loans are illegal in Indiana? I had circumstances arise and I could not pay my last interest charges. I called a payday loan consolidation and they said to close the account, that that was the only way to stop them. I borrowed $350.00 from each and have paid back $350 to E-Payday Loans, but only $175.00 to ABC. I am receiving threats to press charges on me for fraud because I closed my checking account. They also stated they had started legal proceedings against me. All the money I have paid was interest charges. I know that they are operating outside Indiana guidelines for interest caps, etc.
Both the PDL lenders are illegal in Indiana. You should only pay
Both the PDL lenders are illegal in Indiana. You should only pay them the actual principal amount borrowed, no interests or charges. Check out the following link to know how to deal with these illegal lenders: http://www.debtconsolidationcare.com/paydayloan/illegal-pdl-dealings.html
