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Over paid on an "illegal" payday loan, I need help!

Date: Wed, 08/15/2012 - 02:12

Submitted by bboyette27
on Wed, 08/15/2012 - 02:12

Posts: Credits: [Donate]

Total Replies: 1


I have a payday loan with Whitehills cash, and overpaid them at least, $540, the principle amount was for $300. My bank account was closed due to the high amount of NSF fees I receieved from PDL companies. (I am currently paying that off) My sister received a call from one of their collectors, and I was so embarrassed that I agreed to a payment plan. I have read many postings on this site of borrowers being over charged and the debt being settled as paid or receiving refunds from illegal lenders.

I would like to know my rights as of now. Would I be able to attempt to receive a refund even though I agreed to settle the debt? I have also paid $75 to them as part of our agreement. Which now brings my total to $615 of overpaid fees.

P.S. I live in Texas.