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Multiple Payday loans in Ohio

Date: Mon, 07/11/2011 - 06:30

Submitted by dannita.mcdonald
on Mon, 07/11/2011 - 06:30

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Total Replies: 3


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All of your lenders are legal in the state of Ohio. You're going to have to work something out with them.

I suggest you contact their corporate offices and offer a payoff agreement you can afford. If they won't work with you, and you can't make the payments, you may have to default and work out a settlement with collections.


lrhall41

Submitted by OhioGal1 on Mon, 07/11/2011 - 10:14

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Payday lending is legal in Ohio. You can contact with the Ohio Division of Financial Institutions to know whether or not payday loan companies from where you have taken the loan are licensed to operate in your state. If they are licensed, then you will have to pay the principal amount with interests and other fees. Otherwise you are required to pay only the principal amount. If your financial condition doesn???t permit you to repay the debt in full, then you can take out a secured loan to repay your existing debts. The interest rate on this loan is lower as compared to the payday loan.


lrhall41

Submitted by on Tue, 07/12/2011 - 03:47

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