Help for payday loans

Date: Sat, 09/22/2012 - 05:48

Submitted by sqrlrmn
on Sat, 09/22/2012 - 05:48

Posts: 130 Credits: [Donate]

Total Replies: 3

Hi All: I had lost my job this year and had to take out a few loans. I am sick. Please tell me if Beacon and ABL funding are legal? I am in Maryland and have paid Beacon since January at $89.00 roll over a pop.
Yes, it is sickning. I know Soaplady had some format letters I could send over to these 2 in order to tell them to refund my fees and I know that they are not legal? Please help me:eek:

All payday loans are prohibited in Maryland so both are illegal.

All payday loans are prohibited in Maryland so both are illegal. Getting a refund is a crap shoot...some will do it, others wont.

Read and follow the link in my signature line for information on how to deal with these loans.

lrhall41

Submitted by SOAPLADY on Sat, 09/22/2012 - 08:29

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Yeah???.ask them for a refund if you have overpaid them. You

Yeah???.ask them for a refund if you have overpaid them. You are liable only for the principal amount. Close down your old bank account and open a new one.

lrhall41

Submitted by on Mon, 09/24/2012 - 00:30

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You may also want to contact the Maryland Commission of Financia

You may also want to contact the Maryland Commission of Financial Regulation, 500 North Calvert Street, Room 402, Balto., MD, 21202, [EMAIL="finreg@dllr.state.md.us"]finreg@dllr.state.md.us[/EMAIL], 410-230-6100. They along with this great site will help you get out of the payday loan trap.

lrhall41

Submitted by bingonut on Mon, 09/24/2012 - 04:52

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