what is the truth about payday loans
Date: Wed, 05/30/2012 - 13:37
I have 4 payday loans in new jersey im told they are illegal and im only responsible for the principal balance but i look at other forums and they say that this is not true who is telling me the truth here because i just closed my account stopped the ach debits and am on to the next step of contacting them someone please clue mean in on whats next!!!!
Trust this One
I would trust this forum above all others. This is the most knowledgeable group of people out there, they have been where you are, and can help you through it. Follow Ohiogal's steps for illegal lenders and things will be OK. I can't tell you it's easy, the illegal lenders will use every illegal trick in the book but remember that they can't legally collect, not even the principal. We are morally obligated to pay that, and they need to cough up an address to send payments to in order for us to do it.
http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html