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Listed are my payday loans...please help

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I have several pay day loans. I am not sure if they are legal or not. I do know that I am paying a ridiculously high amount for the amount borrowed.

Blue Ink 2/8/18 $700
Oxford 5/15/18 $500
Sigma $200

I have the paperwork if needed.

I am Louisiana




Payday loans up to $350 is legal in Louisiana. So, till amount $350, you can use extended payment plan to pay it off.

Sub: #1 posted on Tue, 06/12/2018 - 03:55

Mabelle Page Mabelle Page

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These were all obtained online. Does that make a difference?

Sub: #2 posted on Tue, 06/12/2018 - 05:49

Brandy C Ragsdale Brandy C Ragsdale

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Online payday lenders usually offer higher-interest rate on the loan. Most of the lenders are illegal and practice misleading marketing tactics. They often don't disclose their terms and conditions to the consumers. Thus, many consumers fall into the vicious debt cycle. However, if the lenders are illegal or tribal, you just need to pay the loan you borrowed. No need to pay the interest rate on the loans.

Sub: #3 posted on Tue, 06/12/2018 - 06:26

sanderspatricia29 sanderspatricia29

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How do I find out if they are? After interest, I would be able to buy 2 cars!!

Sub: #4 posted on Tue, 06/12/2018 - 07:32

Brandy C Ragsdale Brandy C Ragsdale

(Posts: 9 | Credits: )

By the way, Oxford is charging 780% interest.

Sub: #5 posted on Tue, 06/12/2018 - 07:51

Brandy C Ragsdale Brandy C Ragsdale

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Ok....been researching! One is tribal!! What do I do? I actually received $650. They want me to pay a total of $4,943.90. I have paid $1641.11 so far.

Sub: #6 posted on Tue, 06/12/2018 - 09:37

Brandy C Ragsdale Brandy C Ragsdale

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Tribal loans are illegal in all over USA. So, stop making more payments to them. You have already paid them more than your principal. So, now they owe to you. But chances are low for getting a refund.

Sub: #7 posted on Fri, 06/15/2018 - 04:17

tiarajoseph11 tiarajoseph11

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