East side lender loan
Date: Thu, 07/07/2011 - 16:47
If you pay off the loan in full, then the lender won't come afte
If you pay off the loan in full, then the lender won't come after you for the payments any more. You should negotiate for debt settlement and set up a payment plan with them which will help you in paying off the debts within the next 3 months. This will help you in getting rid of the debts.
Lending of payday loan is illegal in New Jersey. You should only
Lending of payday loan is illegal in New Jersey. You should only pay the principal amount to the lender. There is no need to pay the interests and fees.
I'm sorry, when i said pay it off in 3 installments, i meant in
I'm sorry, when i said pay it off in 3 installments, i meant in my 3 pay periods, 1 on the 15th of July, 29th of July and 12th of August. I know they take out every pay so i wanted to pay it off in 3 pays. I was just concerned if they were going to try and say i only paid the fee and alittle to the principle.
You need to close your bank accounts before you get into any kin
You need to close your bank accounts before you get into any kind of debate with East Side or they will take it all. I went through a issue with them and I called the delaware Banking and Insurance only to find out they are licensed in Delaware but read your contract if it doesn't talk about fees then they can't charge you I would fight it all the way and file complaints with the BBB, FTC and any other Internet crimebureau, I filed complaints everywhere until someone responded. I ended up only owing them 20.00 because I sent a copy of my state laws along with the complaint and I am in NJ too.
i'll need to call for the loan documents, I also need to look, i
i'll need to call for the loan documents, I also need to look, i think i printed. When i did speak with someone on the phone, at the time i had it in my head i would pay off my next pay and i was told since my loan was for $825 the service fee for the loan would be $247.50, so i was told if i paid the $825 one pay, the next would only be the service fee. I of course now can't pay it off in 2 pays, so this pay they took out $247.50, so now the next pay i have 3 options, PAY IN FULL or RENEW and pay only the $247.50(service fee) or pay the $247.50 and money down on the $825. I have no problem paying the $ i borrowed & the one time fee but is it illegal of them to collect the $247.50 every pay and also expect borrowers to pay that on top of the loan $ that was given to them? If you renew the loan 4 times(that's $990 in service fees) not counting the loan, so i would be paying $1815 on a $825 loan? Just seems wrong! Like i said, against my better judgement and i know i should've found other means, but i had no choice. Seems i partnered with the devil and i just want to make sure that i have my facts straight. I will pay the $1072.50($825 + $247.50) but am i wrong to think i shouldn't pay a penny more? Again i appreciate and thank you all for your responses.