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What can pdl's do if payments aren't made?

Date: Tue, 11/11/2008 - 13:37

Submitted by anonymous
on Tue, 11/11/2008 - 13:37

Posts: 202330 Credits: [Donate]

Total Replies: 4


I currently have 2 payday loans. It's getting harder and harder every payday to make the payments. They're both storefront locations in Wisconsin. The first one is Check Advance. The loan is for $732.00. I have paid a total of 1,188.00 since June.
The second is Checkmate with a loan amount of $360.00. I have paid a total of $120.00 so far. If anyone could give me some advice on what I could do, I'd greatly appreciate it.


If you have been paying on these since June and the balance has not come down, then you are paying back rollover fees, I'm not sure what the laws are in your state for payday lending, but since you said they are storefront, then they could take you to court to try and get a judgement against you.


lrhall41

Submitted by m.lm1947 on Tue, 11/11/2008 - 18:59

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I received a 'loan' from Little Loan Shoppe. I did this via the web. It's getting more difficult to make their payments, as well. I live in PA. I know ALOT of PDL's are illegal in the state of PA, but...I just don't know which ones. I've tried to call..however, I never get someone 'live'. It's getting frustrating.


lrhall41

Submitted by sdchargers_63 on Wed, 11/12/2008 - 22:48

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What about Little Loan Shoppe? I did it on line. I know I've asked this question before, but....they are calling evreyday. What can I do?


lrhall41

Submitted by sdchargers_63 on Thu, 11/13/2008 - 20:34

( Posts: 1798 | Credits: )