Freaking out right now
Date: Mon, 11/26/2012 - 07:52
One Click Cash - 450$ 5 payments made in the amount of 135$ already and now they're hitting me with an additional 50$ per week... I couldn't make the payment last payday and now placed my account in the negative.
Loan Shop Online - 200$ 60$ payments made innumerable payments and now can't pay it either missed last payment but they're working with me.
What do I do? :/
Both of them are illegal lenders. You need to put your bank acco
Both of them are illegal lenders. You need to put your bank account on 'Deposit Only' and work towards bringing it out of overdraft. While you are doing that, send copies of an ACH revocation letter to your bank and to both the lenders.
Legally, you owe nothing since the loans are illegal but on moral grounds we recommend you repay the principal. Since you have significantly overpaid them, do not give them a single cent more. Instead demand a PIF and a refund of the amount you paid over and above the principal. File complaints with the AG and the FTC.
Follow the link in my signature line for complete and proper in
Follow the link in my signature line for complete and proper information on how to deal with illegal loans. You need to do the ach and voluntary wage assignment revocations.