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payday loan help

Date: Wed, 06/13/2012 - 13:40

Submitted by anonymous
on Wed, 06/13/2012 - 13:40

Posts: 202330 Credits: [Donate]

Total Replies: 3


Hello I have a payday loan with 247 hren street and hrat rock financial that I cannot pay back. I site a letter to hrat rock ltting them know I rvone any way assessment. And let them know that that I live in NFL and it was pohibited in my state. They wrote me back and said that they and licenced in the eate of WI and I owe money bcause they have my verbal agreement. ( I tied to apply online but my computer was messed up so I just called them to apply). I have already closed my acct. What's the next step? Can I ask them to pay only what I owe and not their fees?


Both 27/7 Green Street (offshore lender) and Red Stone Financial (tribal lender) are illegal. You only owe these guys the principal amount that you had borrowed. I'm not sure which state you live in simply because I know of no state abbreviated as NFL. So I can't really tell you how hard the AG will bear down on these guys in case you filed a complaint (which you should do anyways). Tell both these lenders that if they want their money, they better start working with you and you won't be paying a dime more than the principal. If they refuse to play ball, you don't show up to play at all 8-) File a complaint against them with the FTC as well.


lrhall41

Submitted by on Wed, 06/13/2012 - 23:40

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If your lenders are not licensed in your state, then you are bound to pay only the borrowed amount. Don???t pay them any extra dime other than the principal. You have done the right thing by closing down your bank account. Illegal lenders can???t take any legal action against you.


lrhall41

Submitted by on Wed, 06/13/2012 - 23:43

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