Brookwood Loans Legal in my state
Date: Tue, 11/02/2010 - 16:00
I live in the state of Pennsylvania & took out a $2500 loan with Brookwood Loans. My payments are $216 monthlywith a 96% interest rate. The first month I my payment, but my loan is back to where I started plus more. Is this high interest rate legal in the state that I live in? Is there anything that can be done with this company? Also does anyone know if this company settles for a lesser amount or works with a debt consolidation company?
Check out your states' laws in the following link: paydayloaninf
Check out your states' laws in the following link: paydayloaninfo.org/state-information/46
thanks this helps but do you know if the link provides info abou
thanks this helps but do you know if the link provides info about installment loans as well. Not sure if the brookwood loan is conisder a PDL or not the terms are monthly payments.
