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Debtconsolidationcare.com - the USA consumer forum

Legal Action

Date: Wed, 05/03/2006 - 14:36

Submitted by Roadwarrior
on Wed, 05/03/2006 - 14:36

Posts: 637 Credits: [Donate]

Total Replies: 10


Why hasn't anyone in the forum initiated legal action against these Payday Loan companies?


Hi michaeljm39

Didn't you check the 'PUB' section in this forum where some payday loan companies and collection agencies where threatening to sue this website. I am sure you will be interested to catch that discussion.

While CTL was coming up with all sorts of false allegations, some of the community members came up with legitimate records and details of their illegal business. The company even threatened to file a lawsuit against this website in the beginning. But eventually, after knowing the power of togetherness, all of them backed off.

Some articles and press releases also came up in the local newspapers elaborating on this story. Put a search on google with the keyword ???Victims of 1000% Interest Rate??? and you will know about this community.


lrhall41

Submitted by john on Wed, 05/03/2006 - 14:51

( Posts: 1231 | Credits: )


Hey John....
Same story,Payday Loan problem. However,I paid them off. I am now in the process of bringing one to Arbitration to recoup all "Interest" and "Fees"
I am located in Massachusetts. They are located in New Mexico and De. None are licenced in my state! Originally I was going to go through Small Claims court.


lrhall41

Submitted by Roadwarrior on Wed, 05/03/2006 - 15:21

( Posts: 637 | Credits: )