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how can i get out of all these pdl's

Date: Tue, 10/28/2008 - 00:05

Submitted by anonymous
on Tue, 10/28/2008 - 00:05

Posts: 202330 Credits: [Donate]

Total Replies: 3


i have 5 pdl's IN SAN ANTONIO,TEXAS
ACE....500
QWIKCASH.....800
CHECKNGO......470
CASHADVANCE.....800
EZLOANS.....1300
I THOUGHT BY GETTING ANOTHER LOAN I COULD PAY THEM OFF BUT I'M FINDING THIS TO BE VERY DIFFICULT TO DO..I HAVE BEEN PAYING THE INTEREST ON 3 OF THE PDL FOR ALMOST 2 YRS ANY ADVICE SO I CAN GET OUT OF THIS....IT'S SO HARD THAT I DON'T HAVE MONEY FOR UTILITIES AND GROCERIES JUST TO PAY FOR THESE PDL'S SHOULD I CLOSE MY BANK ACCOUNT AND NOT PAY. BY THE WAY HAS ANYONE HEARD OF LANGHORNEDEBTSOLUTIONS.COM IT STATES THAT THEY CAN HELP WITH PDL'S.


PDL laws of Texas stipulates these: -
Quote:

Loan Terms:
Maximum Loan Amount:
Loan Term: 7-31 days
Maximum Finance Rate and Fees: $10 per loan + 48% annual interest
Finance Charge for 14-day $100 loan: $12
apr for 14-day $100 loan: 309%


If you have paid up and above these permitted limits then you can close your bank account.

You can also complain to: -
Quote:
Regulator: Texas Office of Consumer Credit Commissioner
Address: 2601 N. Lamar Blvd. Austin TX 78705
Phone: (512) 936-7600
Fax: (512) 936-7610


lrhall41

Submitted by phoenix on Tue, 10/28/2008 - 01:40

( Posts: 1445 | Credits: )