SGQ Loan Company
Date: Sun, 05/08/2011 - 22:47
My husband had me go online to the money mutual and try to get him a loan on February 21. On February 22 hw reseaves a phone call from SGQ ltd. And they told him he was approved for a $200 loan and I know that was not one of the sites that I went to. Well I did not really think much of it at the time. They started to take the money out of our account on March 9th. They have been taking out $60 every two weeks sense. We were only supposed to be paying them back $260 and we have already paid them $300. I tried to call them and all I could get was their voice machine. They did not tell him when he got the loan that the $60 was just toward the refinance charge. We cannot afford to pay them anymore money. We are hardly making ends meet now. I got online to find out information on the loan company when I found this site and found out how they have done everybody. So I went to the bank and had them put a hold on the loan company taking anymore money out. What can we do to get out of this mess? Did I do the right thing?
You haven't mentioned the state you live in. You need to check o
You haven't mentioned the state you live in. You need to check out whether or not payday lending is legal in your state. If they are illegal, then you need to pay them only the principal amount of $200. You need not be liable for paying any fees or charges. To know how you can deal with the illegal payday lenders, you can check out the given page: http://www.debtconsolidationcare.com/paydayloan/illegal-pdl-dealings.html
btw MONEY MUTUAL it seems only deals with unlicensed lenders.SGQ
btw MONEY MUTUAL it seems only deals with unlicensed lenders.SGQ is illegal in all states,so you did do the right thing.
