Is Total Recovery Solutions legal in NY?
Date: Tue, 01/15/2013 - 06:36
This company called my job and said they needed to speak with me regarding a "recommendation" but i googled the name and it looks like they are a collections agency...i had PDL's and i closed down my accounts. Most of the companies marked my accounts "paid in full" but there are a few that arent working with me and sent me to collections. the ones that arent working with me ive paid way more in the finance fees than the actual loan. my question about the collection agency is are they legal in NY (where i live) and are they legit? I have no problem paying any of these companies back what i owe but not a penny more.
Payday loans are not legal in
Payday loans are not legal in NY. So, keep it mind that you'll have to pay back only the principal amount. You don't have to pay interests or finance fees. You can information about TRS from this page:
http://www.debtconsolidationcare.com/paydayloan/insistoncallingmyjob-worksfortotalrecoverysolutions.html
Payday lending is prohibited
Payday lending is prohibited in NY. That means all lenders are illegal in your state. You owe principal only. Don’t pay them an extra dime other than the principal. Close down your old bank account and open a new one to stop unauthorized withdrawal.
