Multiple Internet Loans
Date: Thu, 02/12/2009 - 12:58
What are the names of the loan companies and what state do you l
What are the names of the loan companies and what state do you live in?
I live in Mississippi - First Bank of Delaware (thinkcash.com),
I live in Mississippi - First Bank of Delaware (thinkcash.com), M1y direct loans, The Loanshop, United Cash Loans, Nationwide Cash
Thinkcash is an installment loan and legal. I know that Unite
Thinkcash is an installment loan and legal.
I know that United Cash Loan is illegal; not sure about the rest.
What does Illegal mean? How should I handle these?
What does Illegal mean? How should I handle these?
Here is a sticky that you should read about dealing with illegal
Here is a sticky that you should read about dealing with illegal payday loans.
http://www.debtconsolidationcare.com/paydayloan/illegal-pdl-dealings.html
Also could you list how much you borrowed on each loan, what you have paid back, and if they are a storefront or internet?
In Mississippi call the "Mississippi Department of Banking and C
In Mississippi call the "Mississippi Department of Banking and Consumer Finance". They are in Jackson. The licensing department can tell you if the business has a license for our state and if they are abiding by the Mississippi laws or not.
First Bank of Delaware (thinkcash.com)- borrowed 750.00/ paid 14
First Bank of Delaware (thinkcash.com)- borrowed 750.00/ paid 1450.00 in fees
M1y direct loans - 200.00 borrowed/paid 60.00 fee
The Loanshop -200.00 borrowed / paid 60.00 fee
United Cash Loans - 200.00 borrowed/ paid 60.00 fee
These are all internet payday loans.
Nationwide Cash - 700.00 borrwed / paid 500.00 in fees
Just spoke with Nationwide Cash - after paying 500.00 in fees -
Just spoke with Nationwide Cash - after paying 500.00 in fees - "joe" told me I still owe 660.00 and they will continue to debit my account until I submit proof that my account is closed. He demanded payment in full. This is going to be difficult.
Stay strong and do not let them intimidate you. Remember you on
Stay strong and do not let them intimidate you. Remember you only owe the principal borrowed to an unlicensed illegal pdl company. You will get through this, we have all been there. If we can help in any way or you have questions just ask.
Nationwide is illegal as they loaned you more than the legal lim
Nationwide is illegal as they loaned you more than the legal limit.
The PDLs will keep attempting to debit but you said your account is secure so that is good.