I had no idea that the finance charges would be so high
Date: Tue, 10/30/2007 - 12:13
Yes there is a way, but we need to know what state you are in, a
Yes there is a way, but we need to know what state you are in, and we will take it from there. Welcome to the site, you have come to the right place for help.
I second Luke and granny, Welcome! Also tell us who you are p
I second Luke and granny, Welcome!
Also tell us who you are paying,
how much you have paid,
how much the loan was for
and if they are internet or storefront loans
We can help!
Thanks for the welcome! I really need all the help I can get w/
Thanks for the welcome! I really need all the help I can get w/ these loans.
I have a $300 loan w/ CMG Group, Geneva Roth Capital Group, E-payday Loan and Payday OK. They are taking $90 each out of my paycheck every week and would like to consolidate them. Is this possible?
Thanks again for all of your help!
jenny many of us have done this on our own. Yes, It can be done
jenny many of us have done this on our own. Yes, It can be done. we do need you to answer the questions, that Volley, asked you in her post. we need this info,so we can begin to help you.
I live in the state of Tennessee. I have 4 loans for $300 each.
I live in the state of Tennessee.
I have 4 loans for $300 each.
CMG Group/OSL marketing (have already taken out $690)
Geneva Roth Capital Group (paid them $690)
E-Payday Loan
Payday OK (paid them $300)
I need to get these consolidated b/c I had no idea the finance charges would be $90 each every week out of my paycheck. Thanks again for all of your help!
You will find the Payday loan laws for Tennessee here (just sele
You will find the Payday loan laws for Tennessee here (just select your state),
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html
jenny, It looks to me as if you have already paid back what you
jenny, It looks to me as if you have already paid back what you legally owe on these loans. The first step is to close your checking account so these companies can no longer debit you. Please before closing your account read the sticky on the top of the Pay Day Loan page , to see if in fact you can close your account.
I live in Tennessee. My four loans are for $300 each and they a
I live in Tennessee.
My four loans are for $300 each and they are w/
CMG Group/OSL Marketing (paid them $700 already)
Geneva Roth Capital ( paid them $690)
E-Payday Loan ($300)
Payday OK ($400)
Each one of these companies are taking $90 each out of my paycheck each week. How can I take care of these? Can I consolidate them into a monthly payment? Thanks for all of your help!!
Thanks for the info. So do I need to fax these companies a lette
Thanks for the info. So do I need to fax these companies a letter saying I am closing my account or no? I just don't want collectors calling me at home or at work threatening me. I just want to do the best thing.
No NO No, do not let the pdls know you are thinking of closing y
No NO No, do not let the pdls know you are thinking of closing your account.They will dip into your money so fast, and leave you with nothing.
I thought that probably was not a good idea. If I close my accou
I thought that probably was not a good idea. If I close my account can any of these PDL companies try and sue me for this? I have paid double for what my loan originally was so I figure I have some ground to stand on here. I just don't want all of the phone calls and threats. Thanks!
Also another question. It looks like from Tennessee state law th
Also another question. It looks like from Tennessee state law that the finance charges of $90 is higher than they should be. Is this correct? I just want to make sure that I am in the right on all of this so it does not bite me later. Thanks!!