Pay Day Loan
Date: Fri, 01/02/2009 - 13:08
I received a $500 payday loan from Geneva Roth Capital - they have taken $600 out of my checking account (4 payments of 150.00 each) and now they tell me that I have not paid anything toward my principal - as far as I am concerned I have paid them in full. I live in RI and any help you can give me towards not having to pay them anymore would be greatly appreciated.
The $150.00 you have been paying is only the rollover fee they c
The $150.00 you have been paying is only the rollover fee they charge. From what I can tell they are legal in RI and they are real vultures.
The only way to stop them from taking out more money is to close your account and then try to make some type of payment arrangments. If you do close your account do not give them your new account information. Insist that you pay via money order or a prepaid debit card.
