payday loan
Date: Wed, 08/03/2011 - 04:28
A few months ago, i took out a loan with ABC Payday loan. Unfortunately, I ran into financial difficulties and have not been able to pay them.
On last week i spoke to one their representatives, and we were trying to work out a payment arrangement. The payment arrangement was okay, but they wanted a big downpayment to bring the loan current.
I told her that I could not do the downpayment, could the monthly payments i could do. I am on social security disability. She kept on telling me I had to have in the downpayment.
When we ended the conversation, she told me that the bank that they deal with considered this is as wire fraud.
Can you tell me what can be done.
Thank you.
You haven???t mentioned the name of your state. Anyways, yo
You haven???t mentioned the name of your state. Anyways, you should check whether or not pdl companies are licensed to operate in your state. If you find that they are licensed, then you will be responsible for both the principal and interest. Otherwise, you are required to pay only the principal amount. Illegal payday lenders can???t take any legal action against you. You can ask your bank manager to put a hard debit check on your bank account so that they can???t debit any amount from your account in future. You need not to make a down payment. To know more about the state pdl laws, glance through the following link:
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html
What state do you live in? Was this a storefront loan or an in
What state do you live in?
Was this a storefront loan or an internet loan?
How much did you borrow?
How much did you pay before you defaulted?
How much do they say you owe?
What's the name of the lender?
abc is internet and illegal
ABC is an internet lender and illegal.did some looking because of the wire fraud threat in the OP'S post.now we do need the following as ohiogal1 asked
1)how much was borrowed
2)how much was debited thus far
3)state you are in
being as this most likely is illegal you only owe the principle,and anything debited gets deducted from that.try to provide that info above and we can help you here.
payday loan
i live in new york city and had asked a question about a payday loan. A few months ago i took out a loan with a company called ABC payday loan. I ran into financial problems and am not able to pay it. I received a call from one of the reps. and we tried to work out payment arrangements. The monthly payments were okay, but they wanted a big downpayment to bring the loan up to date which i could not do. They said to me that their bank considered this to be wire fraud.
Payday loans are illegal in NY. How much did you borrow? How m
Payday loans are illegal in NY. How much did you borrow? How much did the withdraw from your account before you defaulted? Please answer these questions so we can advise you properly.
the loan was for $300. i ran into financial difficulties, and w
the loan was for $300. i ran into financial difficulties, and was never able to make a payment. when i spoke to them, i was willing to make payments, but they wanted a large downpayment.
they have alot of nerve
sorry,but they are an illegal lender that you only owe the 300.00,but they are lucky to get that.they are not in a position to dictate d*ck to you.you give them that in any increments you want.again they are in a position to dictate/demand nothing as far as how much you owe,and how you pay it.