Payday Loan Help in Texas
Date: Mon, 03/19/2012 - 09:27
have 5 payday loans that I have been paying on since January 2012.
Jet Lending $350 ogirinal loan amount payoff $475 have paid to date $475.95
Anasazi Group $200 original loan amount payoff $260 have paid to date $300
Loan Shope online $200 original loan amount payoff $260 have paid to date $300
Cash NEt USA $750 original loan amount payoff $940 new loan - have paid $0
Speedy Cash $500 original Loan amount payoff $650 have paid to date $750
I have stopped EFT/ACH transactions on my account and have faxed revocation letters to companies as I have been dropped on my hours at work and can not afford the payments when I feel that I have more than paid these companies back and now looking back feel that they may have been illegal to begin with.
I know phone calls will begin shortly - how do I handle?
Thanks
here
well the top three are illegal and as such you paid them and owe nada.cashnet,and speedy are CSO'S and legal in TX.go to ohiogal's sticky at the top of this forum on how to deal with illegal lenders.closing the account is key and you must do that as illegals will still try to debit.just know this.illegal lenders and the slime who call will lie and threaten everything,but be able to do none of it.just know that.last thing.both cashnet and speedy will work with you on arrangements.being as they are legal you will have to pay them.
Anasazi is an illegal tribal lender and I couldn't find an entry
Anasazi is an illegal tribal lender and I couldn't find an entry on the other two in the Texas license database. As Paul said, they must be illegal. Use the information here to deal with them: http://www.debtconsolidationcare.com/paydayloan/thread157970.html
Better pay off those CSO loans fast. They can be as bad as payday loans.
Possible help for your situation
Check this website out for help with those:
http://www.hometownfinancial.com/PopMktg/HTF/payday_loan_consolidation.cfm