PDLs

As far as I know Cash in a Wink is an illegal lender. To check the legality of the other loans, contact with Texas Office of Consumer Credit Commissioner. You will have to pay both the principal and interest to your legal lenders. But you can get rid of this trap by paying back only the principal if they are not licensed in your state. If it seems difficult for you to pay back both the principal and interest, then you may get help from a professional debt relief company.

You may go through this page to know about how to deal with illegal lenders: http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html

Hello, I live in TX, and have 5 PDL's:
Cash In A Wink: $500
St Armand's: $260
Hydra Fund II: $260
ChecknGo: $157
Ace Cash Express: $130

Ace and Check n Go are legal lenders....the others are illegal in your state. You should be able to set up an extended payment plan with them (epp). As for your illegal loans, you owe the principal only which you can pay back at your leisure. Ignore what unregistered guests suggest....they will often recommend debt consolidation or debt management programs. You can do it without wasting your money on these programs. Follow the link in my signature line for full instructions.

Thanks! Also, I have paid $180 for St Armand's and Hydra Fund II so far in "renewals," but the amount left is still the $200 principal, and $60 interest on both PDL's. Is that right?

You pay principal only...no interest and no fees.

Meaning, you only owe $20.

Renewal and interest fees already paid can be subtracted from your original principal balance.

And what happens if you've paid well over your principle + interest on the original PDL, in renewals? Because the renewal is just the interest rate and they establish a new loan.....:confused:

If you have paid more in renewal fees/interest/rollovers/etc. than the original PRINCIPAL balance of the loan, you owe nothing further and, technically they owe you a refund.