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payday loans debt in california

Date: Mon, 02/11/2008 - 19:47

Submitted by anonymous
on Mon, 02/11/2008 - 19:47

Posts: 202330 Credits: [Donate]

Total Replies: 4


hey I live in California and i am in debt with paydays loans what can i do.


hi chri! well you should have come up with a bit more information to let us help you better. you have not mentioned the nature of the pdls, whether these are internet pdls or storefronts. what is the amount of your debt? for how many months or years have the loans accumulated? are the payday loan companies that you have taken loan from legal in your state? i came to know that California has prohibited payday loan companies from suing for triple the amount owed if the debtor does not have sufficient funds in his account.

also, in California, the payday loan company cannot charge more than 15% of the face amount of the check for the fees. if you feel that the payday loan company is harassing you and you want to lodge a complaint then this is the address:

Financial Services Division, 1515 K Street, Suite 200 Sacramento CA 95814
Phone: (866) 275-2677

hope this information helps you. take care!


lrhall41

Submitted by laurel188 on Mon, 02/11/2008 - 23:10

( Posts: 110 | Credits: )


Please provide the inforamtion requested and we will be able to help you better. Know that you are not alone. Many of us have been in the same situation as far as payday loans go and some still are. There is light at the end of the tunnel, just hang in there. You have come to the right place for help, support and encouragement. You will get through this.


lrhall41

Submitted by 2nband on Tue, 02/12/2008 - 05:03

( Posts: 2277 | Credits: )