I need help to get out of the PDL cycle. I am swit
Date: Sat, 04/16/2011 - 06:46
I need help to get out of the PDL cycle. I am switching jobs and will not get paid till middle of May. Called all companies I have PDL's with (internet) none will work with me only small extensions with enormous fees. Checked with SC consumer division and she confirms all 4 are not licensend in SC.
As the pdls are not licensed in your state, then they cannot cha
As the pdls are not licensed in your state, then they cannot charge you any extra fees. Even though they charge any extra fees, you won't be liable to pay it. You'll be liable for paying only the principal balance to the payday lender.
Get into your bank and close your bank account asap. You are no
Get into your bank and close your bank account asap. You are not liable to pay anything more than the principal since the loans are illegal.
Do as SoapLady said and also let us know the names of your lende
Do as SoapLady said and also let us know the names of your lenders, how much you originally borrowed and how much you've been debited thus far.