logo

Debtconsolidationcare.com - the USA consumer forum

any ideas?

Date: Tue, 08/25/2009 - 16:34

Submitted by anonymous
on Tue, 08/25/2009 - 16:34

Posts: 202330 Credits: [Donate]

Total Replies: 6


Hi my name is Joe

My wife Becky called me at work crying today. She said payday loan places had been calling all morning and afternoon. The last call they told her she was going to be arrested on bad check and fraud charges.

All of our payday loans are internet.

Cash Central borrowed $500 paid $380.00
My Cash Now borrowed $300.00 paid $232.00
Sonic Cash borrowed $300 paid in full 8/20/09
Lil Loan shop borrowed $300.00 paid $220.00
Cash Net USA borrowed $500 paid $138.00


All of these loans have rolled over many times with no more extensions available. I get paid once per month from a government job. My hours were cut from 48 hours per week to 30 hours per week. Now the ends dont meet and I cant make the payments.

Any ideas on what we need to do?

Thanks,
Joe & Becky


Please state the name of your state. We'd check with the state pdl laws. Every state has specific laws to govern the activities of payday lenders. You can do that by yourself too, check here.

In many states internet pdls are specifically illegal. Check the internet lending status of your state here.

Please tell your wife not to panic. Unless she had purposefully scammed the company; no lender can get her arrested. There is no prison designed for loan defaulters.


lrhall41

Submitted by SC on Wed, 08/26/2009 - 01:46

( Posts: 3937 | Credits: )


hey :) hang on tight, someone familiar with missouri laws will be around soon. until things settle down and you get all the facts straight perhaps your wife can avoid the calls? believe me they will not stop ;) than when we see what your state laws are, we can help you on how to proceed.


lrhall41

Submitted by bea2ls on Wed, 08/26/2009 - 12:42

( Posts: 3840 | Credits: )