Internet payday loans
Date: Wed, 12/03/2008 - 08:37
What are the names of the payday loan companies? How much were t
What are the names of the payday loan companies? How much were they for and how much have you paid on each?
You can tell them to stop--but they most likely won't. You need
You can tell them to stop--but they most likely won't. You need to close your account and put a hard debit block on it.
Hi ncooper, Here are your law's for Alabama. A pdl company m
Hi ncooper,
Here are your law's for Alabama. A pdl company must be licensed to lend. If you can please provide the info that nohiogal asked for we should be able to help you out:
Quote:
Quote: Alabama State Information Legal Status: Legal Citation: Ala. Code ???? 5-18A-1 et seq. Loan Terms: Maximum Loan Amount: $500 Loan Term: 10-31 days Maximum Finance Rate and Fees: 17.50%; 3%/month after default Finance Charge for 14-day $100 loan: $17.50 apr for 14-day $100 loan: 456.25% Debt Limits: Maximum Number of Outstanding Loans at One Time: None (max $ amount of loans at one time: $500) Rollovers Permitted: One (rollover) Cooling-off Period: Next business day after 2 continuous loans repaid Repayment Plan: Yes Collection Limits: Collection Fees: One $30 NSF fee; Court Costs; Reasonable Attorney's Fees up to 15% of face amount of check Criminal Action: Prohibited (Unless check returned due to closed account) Where to Complain, Get Information: Regulator: Alabama Banking Department Address: P.O. Box 4600 Montgomery AL 36103 Phone: (334) 242-3452 Fax: (334) 353-5961 Regulatory Contact: Arlene Baldwin, , Consumer Services Spe, Bureau of Loans Regulator Website http://www.bank.state.al.us/ |
The loans are from the Loan Shop and Loan Point USA(Geneva Roth
The loans are from the Loan Shop and Loan Point USA(Geneva Roth Ventures). The amount of each is $300.00 and I can't afford to pay them off with the fee they keep charging. It is $180.00 each month unless you pay it in full and then they only charge $90.00 dollars. Loan Shop has received 3 payments of $180 and the other has received 2. The third company Paycheck Today have stopped debiting my account as of the end of last month.