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Payday Loan

Date: Wed, 04/25/2012 - 08:58

Submitted by anonymous
on Wed, 04/25/2012 - 08:58

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Total Replies: 5


I live in Louisiana and I have a online payday loan with VIP cash and they're calling about me arrested and having fraud chargers for not paying the loan back. Is it legal to give online payday loan in Louisiana?


Do the people that are calling you have thick accents? If so it may be the Indian scammer people. Does VIP's number come up on your caller id? I had the Indians call me a few times before I realized they were a scam.


lrhall41

Submitted by on Tue, 05/01/2012 - 15:58

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Quote:

Hi,
The lender cannot file a lawsuit if it' not legal. Moreover, if a payday is not legal, then you're supposed to pay only the principal, not any interest accrued.


Wrong...they most certainly could file a lawsuit. It would be the debtors defense that the debt is illegal, that the creditor has come to the court with dirty hands.


lrhall41

Submitted by SOAPLADY on Tue, 05/01/2012 - 18:52

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