Bank Account Closed Didn't pay back pay day loan
Date: Tue, 01/25/2011 - 12:24
Any advice My bank account was closed by my bank back in july, I had 2 pay day loan's that were not paid back. I'm getting calls from so called lawyers and collection agencies that can send me proof of what they are calling about they are just very vauge saying you owe this amount of money from pay day loans. I live in ny and advice? They are telling me we can send you a letter that you pay after you pay.
If payday loans are legal in your state, then the payday lender
If payday loans are legal in your state, then the payday lender can come after you to recover the dues. If the account has been sent to collection agency, then you should ask the collection agency to validate the debt. Once they validate the debt and prove that they own it, try to negotiate with them so that they lower the amount so that it becomes affordable for you to pay off the dues.
