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live in ny, payday loan help

Date: Wed, 10/24/2012 - 15:50

Submitted by morelle23
on Wed, 10/24/2012 - 15:50

Posts: 5 Credits: [Donate]

Total Replies: 9


i live in ny state and have taken out 5 payday loans from ameriloan. i believe they are illegal lenders. i had to default on my current loan.
these are the loans i have taken out and how much i've paid.

300----paid 390 total
300----paid 540
400---paid 675
300---paid 90......still owe 390.

legally, what do i owe them?? please help. thank you.


Ok. So. I live in New York too. And everyone in this forum says the same thing. PAYDAY LOANS ARE ILLEGAL IN NY!
I am sure someone with more knowledge will come along and help you out a little more. I had 5 payday loans and now I am dealing with 1! Gotta love ny!

And it looks like you overpaid with a few. I'd say you only owe the amount that you recieved. Principal amount.

But wait for someone with more knowledge.

Good luck


lrhall41

Submitted by Scene7take77 on Wed, 10/24/2012 - 16:43

( Posts: 64 | Credits: )


yeah i keep getting emails saying payments made on prior loans were made according to the contracted rate and will not be applied to your current loan.

because i was just going to add up what i have gotten deposited in my account and see what i've paid them and already have overpaid.

but they are still saying i owe on my current loan 390 dollars


lrhall41

Submitted by morelle23 on Wed, 10/24/2012 - 17:25

( Posts: 5 | Credits: )