New to Pay Day Loans in north carolina

Date: Thu, 09/22/2011 - 21:25

Submitted by DancerDiana20
on Thu, 09/22/2011 - 21:25

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Total Replies: 3

I recently just took out a pay day loan because I needed fast cash to get my car fixed so I can get to work. I borrowed $600 from going to instantloannetwork.com because they promised an instant approval.

Now I'm new to all of this and I live in north carolina. Some things fell through with work and Ill need another week to pay off the loan. Is there anything I can do or say in the meantime?

Thanks for all your help, I really appreciate your time.

Payday lending is prohibited in NC. So none of the payday lender

Payday lending is prohibited in NC. So none of the payday lenders in your state are legal. You can get rid of the debt by paying them only the principal amount. Close your bank account asap so that they can???t debit money from your account in future. To know how to deal with illegal lender, glance through the following link:
http://www.debtconsolidationcare.com/paydayloan/illegal-pdl-dealings.html

lrhall41

Submitted by sandra.nelson15 on Thu, 09/22/2011 - 22:10

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You can ask your lender to give you some time for making the pay

You can ask your lender to give you some time for making the payment. By the way, do you know that lending of payday loans is illegal in North Carolina. You only need to pay the principal amount. Nothing else.

lrhall41

Submitted by nandydiana on Thu, 09/22/2011 - 22:17

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Hi, I agree with Sally. The first thing you should do is close

Hi,

I agree with Sally. The first thing you should do is close down your bank account. Payday loan lenders are notorious for extracting money in every way possible. Hence before they debit any money from your account, you should close it down. Otherwise you may find yourself paying more than the principal amount you owe.

lrhall41

Submitted by scarlett.brooks13 on Sat, 09/24/2011 - 05:19

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