Payday loans in Missouri

Date: Mon, 02/28/2011 - 13:54

Submitted by anonymous
on Mon, 02/28/2011 - 13:54

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Total Replies: 5

Hi, I have three payday loans currently out there and two are online, one is in store and I live in Missouri. The first one took out in november for $400 and have had to pay $106 every week since for "extensions." The second loan I am currently paying off in installments of $178 every two weeks for three payments and I have already made one, and it was for a $450 loan. The last loan I have is with Quickcash and that is for $500, that I pay off every week at $600 and retake out. What can i do to stop this? I know if I got the online payday loans paid off I could payoff the in store one, but I keep getting hit for $106 every two weeks with the first one from SureAdvance, and the second one I am paying off is from CashNetUsa. Any advice?

Also I have been paying $106 every two weeks since November of last year. I called and asked the woman if they had a repayment plan and she said no. I want to be honest and pay what I owe, but I have paid double the initial balance to them already! Any ideas guys?:confused:

Also, i used my florida drivers liscense as that was my original

Also, i used my florida drivers liscense as that was my original residence six years ago. Have a Missouri one now as it expired.

lrhall41

Submitted by on Mon, 02/28/2011 - 14:01

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What is the name of your online lenders? You can check to see if

What is the name of your online lenders? You can check to see if they are licensed to lend at the link below:
http://finance.mo.gov/licenseesearch/

lrhall41

Submitted by Shazzers on Mon, 02/28/2011 - 15:43

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Regarding your store front lenders, click the link below to see

Regarding your store front lenders, click the link below to see if they are members of the CFSA (Community Financial Services Association of America), if they are listed, then they are required to give you the EPP if you ask for it.
http://cfsaa.com/

read about the EPP:

lrhall41

Submitted by Shazzers on Mon, 02/28/2011 - 15:45

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If your online lenders are not licensed, [URL=http://www.debtcon

If your online lenders are not licensed, to find out how to deal with illegal lenders.

lrhall41

Submitted by Shazzers on Mon, 02/28/2011 - 15:46

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Thanks Shazzers! My online lenders are Cashnetusa, which I have

Thanks Shazzers! My online lenders are Cashnetusa, which I have setup an EPP with as i know they are legal, but the other one is with SureAdvance and I don't think they are legal. I saw the link to that letter and think I'm going to send it in because after "extension" payments they have taken over double what the initial balance was. I don't mind if I don't get it back, but I certainly do not want to pay any more.

As for the storefront they do have an two EPP plans available, but they are really terrible (ones a 3 payment and ones a 5, both have you paying double what you owe in principal back). So I think once I get the cashnetusa one paid off and a response on this letter I'll just payoff the storefront loan outright.

Also, does it matter if I used my old florida license even though I live in Missouri? Thanks!

lrhall41

Submitted by on Wed, 03/02/2011 - 06:37

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