Pay Day Loan HELL!!!!!!!!!!!!!!!!!!!!!!!

Date: Wed, 05/09/2012 - 10:37

Submitted by anonymous
on Wed, 05/09/2012 - 10:37

Posts: 202330 Credits: [Donate]

Total Replies: 3

I have two pay day loans out right now, one in which I have defaulted on which is 417.00 including the fees from the returned payment, if I dont pay they will assess a wage garnishment there internet based and the company is called ZIP19. My other payday loan is with an internet company MBS loans, which 250.00 was borrowed on 4/12/2012 I have paid a total amount of 190.00 (loan renewal fee of 95.00). I want to end this trap for once and for all, what would be the best thing for me to do?

Follow the step by step advice in my signature link. Your lende

Follow the step by step advice in my signature link. Your lenders are illegal and you only should repay the principal balance of the loan. No fees or interest are payable.

lrhall41

Submitted by OhioGal1 on Wed, 05/09/2012 - 10:49

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PDL Info

My loans are in the stae of Maryland, I waned to get some more advice before I sent my letters out to the bank and to the payday loan companies.

I wanted to know could I stop the wage garnishment even if I have signed the wage declaration form?

I also wanted to know if I was reading my advisory notice correctly from my state. I am guessing that my state allows that the pursuant can charge 33 percent on any loan that is made in the amount of 1,000 or less. I am reading this wrong?

I also read under the advisory that the pursuant or company must be liscensed under the state, since these are on the internet, does this trump all?

Thanks for all your help

lrhall41

Submitted by on Thu, 05/10/2012 - 10:13

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Payday lending is prohibited in MD. Wage assignments are volu

Payday lending is prohibited in MD.

Wage assignments are voluntary. They can be revoked at any time.

lrhall41

Submitted by OhioGal1 on Fri, 05/18/2012 - 00:27

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