PDLs trap
Date: Tue, 11/13/2012 - 17:52
I reside in Florida and found my self in need of extra cash to make ends meet; well I have a total of 6 (online) pay day loans. I didn't realize that I would be in this hole, because they are debiting so much, that each paycheck, I am broke...Could someone please let me know if these companies are legal?
United cash loans $150.00 (1st payment) $500
Blue King pay day (Tribal) $ 132.50 (3rd payment) $400
Dollar Premier > $150.00 (3rd payment) $500
efunds $75(50% off) when?? (1st payment) $500
sure advance $106 (1st payment) $400 loan
Archer Direct service fee of $120.00 (2nd Payment) $400
Thanks in advance
Contact with Florida Office of Financial Regulation to find out
Contact with Florida Office of Financial Regulation to find out the legality of the above mentioned pdl companies. If they are illegal, then you can get out of this trap by paying them only the principal. Don???t pay them any interest or fees. Close down your bank account and open a new one.
None of the payday loan lenders are illegal in your state. You n
None of the payday loan lenders are illegal in your state. You need to pay back the original amount only. You have already done that. Stop ACH transaction right now. Ask them to give you a refund. Revoke voluntary wage assignment too.
The unregistered is correct , those are all illegal. He/she miss
The unregistered is correct , those are all illegal. He/she misspoke in saying that "none are illegal" - they are ALL illegal. Follow the advice in my signature for information on how to deal with illegal lenders.