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New Jersey Payday Loans

Date: Mon, 10/15/2012 - 05:51

Submitted by anonymous
on Mon, 10/15/2012 - 05:51

Posts: 202330 Credits: [Donate]

Total Replies: 2


I have been doing a lot of research and keep getting different answers. I have gotten myself over my head with Payday Loans and the interest/fees are killing me. I live in New Jersey and here is a list of the vendors I have loans with, the initial amount of the loan, finance fee (paid every 2 weeks), Amount I have already paid in fees, and what seems like the balance that I should have remaining that I owe. I have been told that internet loans are illegal in the state of New Jersey but then was also told that by doing an internet loan, it is just like walking into that state - so I have to follow those state laws. So please advise. I now also have 3 - 4 payday loan consolidation companies calling me everyday. I want this nightmare over with:

Shoreline Finance - 300 - 90 - 180 - 120
Mesa Finance - 300 - 90 - 180 - 120
Ameriloan - 550 - 165 - 495 - 55
Fireside Cash - 600 - 180 - 540 - 60
Sure Advance - 700 - 154 - 462 - 238
Cash Jar - 850 - 255 - 765 - 85
Cash In A Wink 1000 - 250 - 125 - 875
White Hills Cash 500 - 122 - 122 - 398

I had to take out the last 3 to help pay the finance charges of the other ones - I had 3 others that I recently paid off. So can anyone give me some advice - should I go with a consolidation company and have professional help or try to do this on my own?


Oh and according to each company - this is what I still owe them:

Shoreline Finance - 390
Mesa Finance - 390
Ameriloan - 715
Fireside Cash - 780
Sure Advance - 875
Cash Jar - 850 - 1105
Cash In A Wink 1250
White Hills Cash 621.50


lrhall41

Submitted by on Mon, 10/15/2012 - 05:54

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It really doesnt matter what they say you owe them...payday loans are illegal in NJ...the contracts are null and void. You owe principal only...so subtract any payments you have made from the principal balance...you owe no fees, no interest. They will try to convince you otherwise but ignore any crap they send you.

Follow the link in my signature line for information on how to deal with them.


lrhall41

Submitted by SOAPLADY on Mon, 10/15/2012 - 06:25

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