pay day loan
Date: Tue, 09/06/2011 - 17:44
They cannot show intention...that is also implying criminal acti
They cannot show intention...that is also implying criminal action which they are prohibited from taking.
Read your state laws and call to find out if your lenders are legal in your state...if they are illegal you only owe principal.
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html
Hey, If the payday loan companies are legal in your state, you
Hey,
If the payday loan companies are legal in your state, you have to repay both the principal amount and the interest rate that you owe them. Check your state laws as suggested by Soap Lady. Don't worry about your lenders taking criminal action against you as debts are civil and not criminal! If they disturb you at your workplace, send them a letter requesting them not to do the same as they're not supposed to call anyone else but you for the money.
You should contact with the Washington Department of Financial I
You should contact with the Washington Department of Financial Institutions in order to know whether or not pdl companies are licensed in your state. Their contact detail is as follows: Address - Division of Consumer Services, PO Box 41200 Olympia WA 98504, # Phone - (360) 902-8700, # Fax - (360) 725-7827. If they are not licensed, then you can get rid of the debts by paying them only the principal amount. If you have paid them more than the principal amount, then ask them for the refund. Illegal lenders won???t be able to take any legal action against you.