payday loan help

Date: Thu, 07/21/2011 - 18:50

Submitted by anonymous
on Thu, 07/21/2011 - 18:50

Posts: 202330 Credits: [Donate]

Total Replies: 4

i currently live in indiana and about a month ago took out two payday loans one through oneclickcash the other through ameriloan both for the amount of 350 after doing some research i found many people that were having continous debits from the accounts being taken out for outrageous amounts of money. i closed my accounts so they couldnt take money out and now they wont arrange any payments with me without me giving them my account and routing number which i am NOT doing, theyve already TRIED to take out 800 dollars from my account and the harrassment has begun...what are my options? what should i do?

You should contact the Indiana Department of Financial Instituti

You should contact the Indiana Department of Financial Institutions and check out if your payday lenders are licensed to operate in your state. If they are not licensed to operate in your state, then you should simply pay them the principal amount and get rid of them. If you find that they are licensed to operate in your state, then you can contact a professional debt relief company and take their help in consolidating your payday loans.

lrhall41

Submitted by Anna Sweeting on Thu, 07/21/2011 - 20:20

( Posts: 1827 | Credits: )

Hi, Yes, you can certainly go for debt consolidation. To know m

Hi,

Yes, you can certainly go for debt consolidation. To know more on payday loan consolidation, you can visit http://www.debtconsolidationcare.com/paydayloan-consolidation.html

On the other hand, you can even reduce the principal amount by opting for payday loan debt settlement.

lrhall41

Submitted by amy.nickson1986 on Thu, 07/21/2011 - 21:23

( Posts: 72 | Credits: )

I agree with what my previous posters have said. If you are in a

I agree with what my previous posters have said. If you are in a financial hardship and can???t repay your debt in full, then you may take out a secured loan to repay the existing debts. The interest rate on this loan is lower as compared to the payday loan.

lrhall41

Submitted by sally.nachelle on Fri, 07/22/2011 - 05:03

( Posts: 275 | Credits: )

stop it sally

please stop this.quit advising that people take a secured loan as nobody is gonna do that unless the OP has sterling credit.btw if the OP paid these two illegal lenders in "fees"then they owe nothing.in fact by seeing the OP'S post i can safely say they paid this already.they need to file AG,AND FTC complaints against both d/b/a's of MTE asap.they also must if they haven't close their account and open a new one.that is what they do.

lrhall41

Submitted by paulmergel on Fri, 07/22/2011 - 05:23

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