Internet Payday Loan in Iowa
Date: Tue, 06/05/2012 - 07:56
I took out an online payday loan thru FloBridge/FastMoney Store or whatever they are calling themselves now. I then find out that they are illegal in Iowa. According to the Iowa Attorney General's Office they have to have a physical store in our state in order to lend to Iowans. My question is what do I do about the loan I took out? I sent them a letter revoking the ACH and Wage garnishment and have not heard a response from them as to where to make payments. Since they are illegal in Iowa and have not responded to any of my emails or letter do I still try and pay them?
You will have to pay only the borrowed amount as they are not li
You will have to pay only the borrowed amount as they are not licensed in your state. No need to pay any interest or fees. It would be better for you to close your bank account and open a new one. Illegal lenders can???t take any legal action against you. Go through this link:
http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html
