I have 3 payday loans out and, with the help from this site, am already in the process of shutting these illegal loans down. My question is, has anyone ever been successful getting a refund from these companies?
Since May of 2009:
I have taken out 6 separate loans, 5 of which I have paid off and one that I recently took out, with VIPloanshop, and based on the laws in MD, I have calculated that I have overpaid on these loans by $1133.
I've already sent out the cease and desist and ACH revoke letters, closed my account and stopped my direct deposit.