PDL Help in Iowa

bo -

Welcome to the site!

Here's the Iowa state law regarding payday loans:

http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html

Can you fill us in on the following:

-Who the lenders are
-Internet or storefront loans?
-How much were the original loans?
-How much have you paid so far?

If you have overpaid these loans, according to your state law and the interest allowed by it, then you are well-advised to close your bank account, and file a complaint with your state regulator.

Please post the info listed above, and we will be able to offer you some advice.

All Internet
Payday Ok one 500.00 in my name one 500.00 in my husbands
Americash 400.00 in mine
zipcash 400.00 in my husbands
and Payday Select 300.00 in my husbands.
If rollover means just paying fees and no principal then thats what is going on we usually pay 120. to 137.00 every two weeks and have not paid down anything much

Bo,
Welcome! Now that you have registered you can sign up for a free phone call from a debt counselor who will help you get started.
The next thing you need to do is find out if any of these companies that you've dealt with are licensed in Iowa. You also need to close your bank account ASAP and open a new one. And do NOT, I repeat DO NOT give out the number to anyone!! This is the only way you will start to get control over your finances.
Remember, you need to pay back the principal and the interest that's legal in your state on each loan.