Help with payday loans in ohio
Date: Wed, 01/25/2012 - 18:27
Ace cash express 200 + 51 finance charge per pay period
Check n go 300 + 77 finace charge per pay period
Magnum 400, 170 per pay period for 4 weeks
Plain Green Loans 600, 100 per pay period for 10 weeks
I cannot afford these loans anymore as my hours got cut at work, I was thinking of working with Progressive Loan Relief however I'm reading mixed results about this company through post on this forums. I REALLY need help as I cannot pay my rent or my car payment or even have food because of these companys, what will happen to me if I cut them off from my paycheck? I don't want to be sued, I want to pay these companys but I can't afford that much as I am a single income, any advice would be appreciated!
Also where do I go to check and see if these loans are legal in my state?
No NOT waste your money on debt relief companies for loans in Oh
No NOT waste your money on debt relief companies for loans in Ohio. All of your loans are ILLEGAL since Ohio is a low interest loan state. Close your bank account.....you owe principal only....no fees, no interest.
[QUOTE]Loan Specifications
- Maximun Amount of Loan - $500
- Term of Loan - 31 days
- Maximum Rate of Finance and Fees- 28% per annum
- Finance Charge on $100 loan for a 14 day period - $1.08
- APR for $100 loan for a 14 day period - 28%
Debt Limits
- Maximum Number of outstanding loans permitted at a time - 1, 4 per year
- Permissible number of Rollovers - None
- Cooling-off Period - Limit of 2 loans in 90 days
- Repayment Plan - Yes, available. 60 days time period. No fees.
[/QUOTE]
Thank you from the bottom of my heart! You have made my day! Now
Thank you from the bottom of my heart! You have made my day! Now how do I go about handling these loans from here? Such as after I close my bank account how do I go about contacting the companies regarding what I owe them? Do I need to hire a lawyer?
Have a look at this page to know how to handle these illegal len
Have a look at this page to know how to handle these illegal lenders:
http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html
Again thank you for all the information! I have heard though t
Again thank you for all the information!
I have heard though that Check N Go online as well as Ace Cash Express is legal, even though I've checked with the state laws and the interest and finance fees they are charging me are illegal by the state. Is there somewhere I can go to get more infomation about these companies to see if they are lisenced and if so how they are getting away with charging such cost?