payday loan payoff
Date: Fri, 01/20/2012 - 07:29
I borrowed $100 and the interest that I had to pay back was $130, but the terms of the loan was that until I call them and tell them to take the whole amt from my acct they will take $30 each time I get paid. I borrowed the money back in July 2011. They are still taking $30 each check and I get paid twice a month, shouldn't they have stopped because now I have paid over $130?
What is the name of the payday loan company? What state are you
What is the name of the payday loan company? What state are you in? Are they licensed in your state? Close down your account if this company is illegal and making unauthorized withdrawals.
If the terms of the loan state that they can only take $130 as interest, then what they are doing is illegal.
