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Questions about online loan companies

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Hello,

I’m so glad I found this site, very informative!

My question is does anyone have any knowledge about the following lenders and if the are actually legitimate, and if they are illegal in Maryland?

MoneyKey - limited information on the site, I cannot find my loan documents to review?
$1000 principle
$ 170 bi weekly payments. $340mo

Money Lion? Same situation
$2500 principle
$ 193 bi weekly. $ 386mo

Thank you for any information you can give me!

Very much appreciated

Roy







Thank you. If I have loans with these illegal companies, what should I do to stop collections of interest? Can I request that they do not withdraw from my account any longer? Will they take legal action?

Revoke ACH authorization so they can't withdraw from your account any longer. They can't take legal action against you. They can say a lot of things. But they can't do any harm to you.

Sub: #11 posted on Wed, 10/02/2019 - 00:41

Nick Jonas Nick Jonas

(Posts: 428 | Credits: )

Ok thank you. Should I just email them to stop payment?

Sub: #12 posted on Wed, 10/02/2019 - 19:37

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Yes. You can do that right now.

Sub: #13 posted on Wed, 10/02/2019 - 23:56

Nick Jonas Nick Jonas

(Posts: 428 | Credits: )

Yes, you can. If they don't stop, make a complaint against them

Sub: #14 posted on Mon, 10/14/2019 - 05:46

Sanders Patricia Sanders Patricia

(Posts: 1239 | Credits: )


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