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help with pay day loans

Date: Thu, 02/07/2013 - 16:19

Submitted by anonymous
on Thu, 02/07/2013 - 16:19

Posts: 202330 Credits: [Donate]

Total Replies: 4


I have 3 internet loans. I live in Nevada. Someone help please. The loans are

Ameriloan - 300.00
LiquidCashOnline - 500.00
VIPLOANSHOP - 500.00

I cannot pay these off. They are taking 380 in interest every two weeks. 760 a month. Are these illegal in my state? I know they have to be licensed in nevada.


All the above mentioned lenders are illegal. You owe nothing more than the principal. Don’t pay them an extra penny other than the borrowed amount. Close down your bank account immediately.


lrhall41

Submitted by anonymous on Sun, 02/10/2013 - 22:58

( Posts: 202330 | Credits: )


Jason,
Figure out what you've paid on each loan. If you've paid over the principle, you are owed refunds on the difference. Close your bank account immediately, get a new one and be sure and cancel any voluntary wage garnishments you may have signed.


lrhall41

Submitted by kscornell on Mon, 02/11/2013 - 03:02

( Posts: 4407 | Credits: )


I've paid 1140 total in just the fees. None of it has gone to principal. It's be 3 pay cycles now. 1 1/2 mo


lrhall41

Submitted by anonymous on Fri, 02/08/2013 - 22:49

( Posts: 202330 | Credits: )


Jason,
What have you actually paid on the loans, including rollovers?


lrhall41

Submitted by kscornell on Thu, 02/07/2013 - 17:40

( Posts: 4407 | Credits: )