I have a payday loan that I got online with Cash Central. The loan is from 06/07/10 for $700
I have refinanced it twice and paid the refinance/interest fee of 178.45 which means I have paid 356.90 to the $700 loan. Is Cash Central a legal payday loan internet lender in Texas? They're next payment is scheduled for 7/31/10 for another $178.45 and they say they will continue to charge that payment until I can pay the full $700 + ANOTHER $178.45 interest ($878.45 total) at one time.
What can I do about this? I would like to just pay them the principal amount.


