Hello,
I took out an emergency loan from Radiant cash for $300.00. I have never taken out a loan before and was uneducated on the laws regarding installment loans.
When i went to pay the representative said it is accumulating at $50 dollars a day! Obviously this led me to fall behind.
I emailed them with the advice from this forum regarding the laws and that I am revoking ACH and no longer obligated to pay over my principal.
They replied advising I signed the documents and i must pay the full installments.
Four payment of $76.31 have been debited from my account totally $305.24.
What do i do from here? I updated my bank to not allow debits from Radiant Cash.
Any help is more than welcome.
Thank you so much.
Sub: #1 posted on Tue, 04/30/2019 - 20:39
(Posts: 387 | Credits: )
Sub: #2 posted on Mon, 05/06/2019 - 01:04
(Posts: 467 | Credits: )