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Please advise!!

Date: Mon, 06/20/2011 - 20:46

Submitted by anonymous
on Mon, 06/20/2011 - 20:46

Posts: 202330 Credits: [Donate]

Total Replies: 2


I am in a financial bind big time... I went from a two income family to single and before I knew it found I had 6 payday loans... Afterwards I ended up being garnished and lost my car.. My checking account is no good and today I received a call from lawyer for payday loan so they say and told me process server was looking for me but if I called number today we could try to resolve out of court. I called and explained and now I don't even have a job so I couldn't pay at the moment and she explained I needed to hire a criminal attorney due to my one loan was 350$ and would double in court and if amount exceeds 5000$ I was looking at ten years... I couldn't believe it as I am just in bad financial status not tryingto perform fraud at all.... She also told me I could pay in a month and they'd hold if I gave them credit card or something.... This didn't make sense and I am upset.. Please advise


Never give your credit card number to them. Are these payday loan companies legal in your state? It is a civil case not a criminal. I feel they are trying to frighten you to get money. Check whether or not any case has really been filed against you? i have serious doubt regarding this. If you really owe the debt and the lender has the license to operate in your state, then it is better to negotiate an affordable repayment plan with them.


lrhall41

Submitted by on Mon, 06/20/2011 - 23:59

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