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$5000 in payday loans.....HELP!!!!!

Date: Tue, 06/05/2012 - 14:13

Submitted by josulo
on Tue, 06/05/2012 - 14:13

Posts: 24 Credits: [Donate]

Total Replies: 2


I was stupid and currently have almost $5000 in payday loans, etc.They are all online:

Bottom Dollar: $500 Borrowed, $75 fees, $575 total owed
OneClickCash: $500 Borrowed, 150 fees, $650 total owed
US Fast Cash: $400 borrowed, 120 fees, 520 owed
Action Payday: $300 borrowed, 45 fees, 345 owed
Plaingreen: $800 borrowed, 125.44 fees, 759.86 owed
Cash Call: my principal is $2,598.04 and payoff is 2948.73, I have made 3 payments of 294.46.

I have direct deposits going into my account on thursday so I cannot close the account until that hits. issued stop payments on bottom dollar, oneclickcash,us fast cash, and action.

Not sure if these loans are even legal in the state of michigan. What is my next step?


Update. I have sent e-mails to the following companies: Bottom Dollar, UsFastCash, Action Payday, sign my loan, and plain green.

has anyone dealt with these companies and if so can you give me a heads up on what type of response to expect from them. Are they going to be reasonable or jerks.

Anything else I can do at this point?


lrhall41

Submitted by josulo on Tue, 06/05/2012 - 20:24

( Posts: 24 | Credits: )