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please help me end this vicious cycle

Date: Sat, 03/07/2009 - 17:08

Submitted by pandorawi
on Sat, 03/07/2009 - 17:08

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Total Replies: 7


I have 3 pdl one storefront and 2 internet magnum cash for 500 and paydayone for 300 I can't keep up with the interest anymore can anybody please help?


loan was for 500 pd back 2 payments of 260 2 payments left according to their disclosure all transactions are funded through ica and will be deemed to have taken place in BVD regardless of where viewing or accessing site and the laws of BVI govern this transaction..does this make them legal? am i stuck? don't know where to turn please help!!!


lrhall41

Submitted by on Sun, 03/08/2009 - 08:00

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They are illegal as they do not have a license anywhere in the US. You only owe them the amount you borrowed. At this point you have over paid them.

Since the loan was illegal the contact is not valid.

They will say it is but it is not. They can not take you to a civil court because the loan was illegal.


lrhall41

Submitted by nohiogal on Sun, 03/08/2009 - 10:05

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