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My Cash now, Payday Max and discount advance

Date: Fri, 08/30/2013 - 08:56

Submitted by anonymous
on Fri, 08/30/2013 - 08:56

Posts: 202330 Credits: [Donate]

Total Replies: 3


I have Payday loan with these three companies, when I went the websites they are down or offline, they do have number to call but i was on hold for a long time. My question is~~ do anyone know if they are still drafting bank account for money still owe to them,

I don't know what to do at this time


I'm trying to figure out what's going on also. I called to extend my loan and they presented me with an offer to pay off my loan in 3 installments, just slightly higher than it would cost to extend the loan. They said I'd have to send the 3 pmts via Western Union, that they couldn't draft it from my account. They also said that even though I'm agreeing to pay a certain amount each time, I could pay what I can and then make up the difference later. It was also a different company name. Something is definitely up.


lrhall41

Submitted by anonymous on Sat, 08/31/2013 - 09:53

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You may not have to pay. There was a crackdown in New York on some payday lenders. Here's the article: http://www.responsiblelending.org/tools-resources/headlines/Online-Lenders-Go-Bust-Following-New-York-Crackdown.html

I'm not in New York, but I just found out pay day loans are illegal in my state, so I'm hoping I can get out of them.


lrhall41

Submitted by anonymous on Sat, 08/31/2013 - 09:59

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All the above mentioned lenders are illegal in your state. You owe them nothing more than the principal balance. No interest, no fees. You should close down your old bank account and open a new one to stop debiting money from your account.


lrhall41

Submitted by anonymous on Mon, 09/02/2013 - 00:18

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