New and need some advice
Date: Wed, 01/04/2012 - 19:57
Like everyone else on here i also got stuck in the payday trap. I live in arizona and currently have 5 outstanding payday loans. From what i understand all payday loans are illegal in arizona? So after I read all the information i could on how to try and fix this mess i got myself into, i went to my bank and tried to close my account. They advised that they can close the account but any ACH that come through after the account is closed will re-open the account. I don't want to be stuck with the payday loans and also NSF fees from my bank, so i left it alone. I read a little more on thei forum, btw thank you so much for all the people that do the research and help out, i came across this: [URL="http://www.debtconsolidationcare.com...-dealings.html"]http://www.debtconsolidationcare.com...-dealings.html[/URL] and would like to know if i can do this in AZ? here is what i owe and to whom:
Advancemetoday.com barrowed $500 have paid $1,530 of which $300 is principal
Online Advance/Advance funding barrowed $450 paid $270 none to principal.
PaydayLoan Yes barrowed $350 Paid $320 none to principal.
Plain Green barrowed $700 Paid $236.76 of which $117.92 went to principal.
Next Day Cash barrowed $400 paid $1,369.50 i don't know if any of it has gone to the principal.
Any help would be greatly appreciated I would like to get this fixed before my next payday.
Advancemetoday.com barrowed $500 have paid $1,530 of which $300 is principal
Online Advance/Advance funding barrowed $450 paid $270 none to principal.
PaydayLoan Yes barrowed $350 Paid $320 none to principal.
Plain Green barrowed $700 Paid $236.76 of which $117.92 went to principal.
Next Day Cash barrowed $400 paid $1,369.50 i don't know if any of it has gone to the principal.
Any help would be greatly appreciated I would like to get this fixed before my next payday.
If you know that all the payday loan companies are illegal in yo
If you know that all the payday loan companies are illegal in your state, then you are required to payback only the principal amount. Ask them for the refund since you have paid back more than principal. Close your bank account to stop unauthorized withdrawal. The great news for you is that illegal lenders won???t be able to take any legal action against you.