Share post
Debt Consolidation Forums Payday Loan help forums

Does anyone know if cash cure licensed in iowa? I

member profile picture
Posts: 1
Credits: 0
[Donate]

Does anyone know if cash cure licensed in iowa? I am also wondering about VIP Pay Day Loans. I have looked at the laws concerning PDL's for Iowa and it says that the max amount is $500 and the fees are $15 for the first $100 and $10 for every $100 after that. Well my problem with Cash Cure is that they loaned me $600 and are charging me $26.50 in fees for this loan they have debited my account 4 times in the amount of $159 for a total of $636 however they say I still owe the whole $600 and the $636 is fees. From what I see this is wrong according to the laws in Iowa. Any advice would be GREATLY appreciated.




Cash Cure and VIP payday loans are not legal in Iowa. Revoke your ACH authorization so that they can't debit your account anymore. You need to pay only the principal amount. That's the law. You have to pay only the principal amount to the illegal payday loan companies. Look at the sticky threads in the payday loan forum. Read how to deal with the illegal lenders in your state.

Sub: #1 posted on Mon, 10/15/2018 - 04:50

David Martin David Martin

(Posts: 201 | Credits: )

They are not legal in Iowa, revoke ACH at once.

Sub: #2 posted on Mon, 10/22/2018 - 06:51

Barbara Delinsky Barbara Delinsky

(Posts: 375 | Credits: )

If you have repaid the principal amount, then revoke the ACH authorization. You don't have to pay the interest since they are illegal payday lenders.

Sub: #3 posted on Thu, 10/25/2018 - 05:51

sanderspatricia29 sanderspatricia29

(Posts: 884 | Credits: )

Attachment
More information
  • Files must be less than 500 MB.
  • Allowed file types: txt pdf jpg jpeg png.


Page loaded in 0.926 seconds.