question on previously paid loans
Date: Wed, 11/07/2012 - 13:04
GECC borrowed 700 paid 1138, over 2 loans
cash cure borrowed 2450 paid 2887 over 4 loans
cash in awink borrowed 600 paid 802.25 over 2 loans
VIP borrowed 800 paid 755 over 2 loans
thanks for your help.
I don???t think you can count that towards any open loans b
I don???t think you can count that towards any open loans because you have taken out the loans from different lenders. You are required to pay only the principal to each of your illegal lenders. Don???t pay them any interest or fees. As you have already overpaid them, so ask them for a refund. Close down your bank account and open a new one.
Yes, you can absolutely demand that these idiots use the excess
Yes, you can absolutely demand that these idiots use the excess payments made on previous loans and apply it to the open accounts. If they do not agree, just their loss, not yours. You pay them however much you want. Legally, you owe squat to these fools.
If your overpayment covers the principal of your current loans y
If your overpayment covers the principal of your current loans you shouldn't, pay anything else. If that's the case, close your checking ASAP.