confused
Date: Thu, 11/08/2012 - 11:08
i borrowed $300 and the finance fee is $105 but i was told if i paid it off with in the first week my interest would be cut in 1/2. that was a lie!!!!!!
they want the full $405:sad:
Contact with Texas Office of Consumer Credit Commissioner to fin
Contact with Texas Office of Consumer Credit Commissioner to find the legality of best pay today loans. If they are licensed, then you are liable to pay them both principal and interest. But if they are illegal, then you are required to pay back them only the principal. In this case you need not to pay them any interest or fees. Close down your old bank account and open a new one.
From the looks of it, they are breaking Texas laws by applying A
From the looks of it, they are breaking Texas laws by applying APR and finance charges as per Utah regulations. The idiots just violated the usury laws. That would make them simply illegal.
From the looks of it, they are going to try to BS you with 'choice of law' and "you signed a contract under Utah laws". Do not fall for it. Send out copies of ACH revocation letters to the lender and to your bank and repay ONLY the 300 you originally borrowed
