Please help me payoff these loans
Date: Mon, 11/14/2011 - 15:47
I needed help, but got caught up from one payday to the next
I live in Yonkers, NY and have had a time making ends meet.
What can I do to stop the finance charges at least for the following companies:
The VIP Loan Shop - I owe 520.00 - Paid: 225.00/Borrowed 500.00
Paradise Cash Advance - I owe 480 - Paid: 440.00/Borrowed 500.00
Pepper Cash - I owe $520 - Paid: 580.00/Borrowed 500.00
Loan Point USA - I owe 540 - Paid: 120.00/Borrowed 450.00
HELP - I won't be able to make the 11/30/11 payments and pay my rent
What can I do at this point?
Welcome usmc, Payday loans are not legal in NY. This is why yo
Welcome usmc,
Payday loans are not legal in NY. This is why you'll only have to pay the principal amount to them. Just forget about paying the interests and fees.
Payday loans are illegal in NY state. You only have to pay back
Payday loans are illegal in NY state. You only have to pay back the principal ...no fees, no interest.
Close you bank account ASAP. Once that is done, send them an email revoke any voluntary wage assignment you might have signed and give a copy to your payroll department. STAY OFF THE PHONE....they will try to tell you that you agreed to THEIR laws....bottom line is that the only law that applies to YOU is the laws of NY state.
Payday lending is prohibited in NY. So you are not required to
Payday lending is prohibited in NY. So you are not required to pay them an extra penny except the borrowed amount. Ask them for the refund if you have paid more than the borrowed amount. You will be happy to hear that illegal lenders don???t have any right to take legal action against you. Have a look at this given link: http://www.debtconsolidationcare.com/paydayloan/illegal-pdl-dealings.html