Drowning in Payday Loans
Date: Sat, 08/11/2012 - 14:35
Hello, I regret the day I ever took out my first payday loan and desperately need some advice. Paying the interest only on 7 payday loans is depleting my entire paycheck and I have nothing left for bills, etc. I live in MA and believe that the payday loan companies are illegal in my state. I don't know where to start...payday loan debt consolidation, close my bank account, send letter to payday loan companies. I called AdvanceMeToday.com to say they are not licensed in my state, and I would only pay the principal (which I have already paid in interest), and they said they have a Federal license, and therefore don't need a state license. I can't get a clear understanding of the MA payday loan law. PLEASE HELP!! Thank you
Advance Me today does NOT have a federal license, Follow the l
Advance Me today does NOT have a federal license,
Follow the link in my signature line for information on how to deal with them. Follow all of the steps. You owe principal only, no fees, no interest.
And stay off the phone.
There's no such thing as a federal license :P Anyway - please t
There's no such thing as a federal license :P
Anyway - please take soaplady's advice and stay off the phone. They will try to push you into paying them more than what they are owed.