don't know what to do
Date: Tue, 07/19/2011 - 17:17
I received a loan from Star Cash, paid them off and a couple of months later I recived another loan. I was laid off and I called them to ask for some time to pay them back, I was told that I needed to pay back the whole thing by a certain time and I told them that I could not promise them that because I was waiting for my unemployment to start. The next thing I know someone is calling me threating to take me to court for check fraud and I will have to end up paying more. I live in SC, what can I do?
As far as I know, payday lending is legal in South Carolina. You
As far as I know, payday lending is legal in South Carolina. You should contact the South Carolina State Board of Financial Institutions in order to find out whether or not your payday lenders are licensed to operate in your state. If not, then they cannot take any legal actions against you and you should simply pay them the principal balance in order to get rid of it.
I think Anna is right. If you find that payday lenders are licen
I think Anna is right. If you find that payday lenders are licensed to operate in your state, then you will have to pay both the principal and interest. If you are not able to payoff the debts in full, then you can negotiate with your lenders. You may try to arrange a better repayment plan with them.
