pay day hell. :(
Date: Wed, 05/16/2012 - 12:22
My husband took out 3 pay day loans...
QC HOLDINGS 200
Cashland 800
and another I'm not sure what company. We are located in ohio.
We have been in this cycle since appx. July of last year, and we are starting to really lose our butts here. We make good money, but these loans are killing us when we lose almost 600 a month. We got on an EPP but had to take it back out just to pay the bills one month from being behind on the other ones. We have never defaulted, my question is, how can I get out of this? We have no family for help, or to borrow money from. If I close my bank account can't they just take my check and deposit it anyways, making me owe the bank money? HELP!
QC HOLDINGS 200
Cashland 800
and another I'm not sure what company. We are located in ohio.
We have been in this cycle since appx. July of last year, and we are starting to really lose our butts here. We make good money, but these loans are killing us when we lose almost 600 a month. We got on an EPP but had to take it back out just to pay the bills one month from being behind on the other ones. We have never defaulted, my question is, how can I get out of this? We have no family for help, or to borrow money from. If I close my bank account can't they just take my check and deposit it anyways, making me owe the bank money? HELP!
Ohio is a low interest loan state..plus no rollovers are allowed
Ohio is a low interest loan state..plus no rollovers are allowed. Read the laws here... http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html These are illegal loans...so follow the link in my signature line on how to deal with these loans.
