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Hello, Thank you for your help with my earlier post. Since Spot Loan is illegal and I have paid $495, should I push for paying the reminder of $305 of the remainder of the 800 Loan? The lady I am dealing with is being incredibly unreasonable. I haven't said anything yet about the loan being illegal. What should my approach be? thank you.

Yes. Tell them that you're going to pay only $305. That's it.

Sub: #1 posted on Wed, 02/28/2018 - 02:16

ditchdebt ditchdebt

(Posts: 679 | Credits: )

If they force you to pay the interest, then tell them that you will place a complaint to the State Attorney general regarding it.

Sub: #2 posted on Wed, 02/28/2018 - 03:12

Sanders Patricia Sanders Patricia

(Posts: 1234 | Credits: )

I had a loan with this company they tried to tell me I owed 344 on a 500 loan from August 2017 after paying 93.00 every 2 weeks. The lady tried to explain to me how they were legal but she stated the 500 was depositedin my account.on 08/28/2018 . They my excellent pay history they would consider my account paid and closed. When she couldn't even get the date right on my loan or justify the reason I still owed so much I was done. Listen to the people on here they know their stuff

Sub: #3 posted on Wed, 02/28/2018 - 17:48

Jewel Jewel

(Posts: 10 | Credits: )

Thanks Jewel.

Honestly speaking, illegal lenders can't do anything even if you don't pay back the principal amount. But on moral grounds, I would say that you should pay the principal amount.

Sub: #4 posted on Sun, 03/04/2018 - 23:25

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I would also agree with SC. It's better to pay atleast the principal amount.

Sub: #5 posted on Sun, 03/04/2018 - 23:29

Barbara Delinsky Barbara Delinsky

(Posts: 432 | Credits: )

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