Refunds from overpaid PDLs
Date: Thu, 06/21/2012 - 19:18
I am starting to address my payday loan nightmare and was wondering if I pay just the principle I owe them can I include what they charged me on loans paid off in the past towerds the principle I owe them for the current loan. For example I owe Magnum $385 but have had 10 other loans with them that I paid fees on that are paid off. And if I can go back on paid off loans will they have to pay me back. Thanks for any help with this....
Magnum is in the Cayman Islands and is a totally illegal offshor
Magnum is in the Cayman Islands and is a totally illegal offshore lender. Since you have more than over paid them, I would definately tell them to go to hell on what you owe them now. Follow the link in my signature line for information on how to deal with illegal loans.
Hi, Larry. If you read the link I directed you to in our PMs, y
Hi, Larry. If you read the link I directed you to in our PMs, you'll see that that's precisely what you should do. Subtract ANY payments you've made from the total principal of your loan(s).
If they owe you, ask for a refund.
With Magnum, you may not get your refund but they'll mark your accout PIF for sure.