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Pay Day Loan Yes

Date: Wed, 05/04/2011 - 09:58

Submitted by anonymous
on Wed, 05/04/2011 - 09:58

Posts: 202330 Credits: [Donate]

Total Replies: 2


I had taken out a payday loan with Pay Day Loan Yes in summer of 2010. Since then, I had paid back more than what I had borrowed, but was getting harassing calls from them. I then filed a complaint with the NCAG & hadn't heard from them in a while. I then got a letter from a collection agency..apparently they had sold my debt. So @ this point, what should I do with the collection agency? File a complaint against them, or dispute the amount owed? Need help please...I thought I was on the right way w/ complaining with NCAG but now...not sure what to do.


When I talked to the NCAG, they gave me the whole story about how pay day loans are illegal in the state of NC, they forwarded me all of the mail that they've been sending that company so I'm assumed everything was okay. So now that it's with the collection agency, do the verification of debt? What happens after they verify the debt, even when it's illegal in NC?


lrhall41

Submitted by on Wed, 05/04/2011 - 10:54

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