Spotloan/MyBackWallet

Welcome to the forums! Although we do advise community members to pay only the principal on a illegal loan, since you did have use of the money, since you state this loan is illegal in your state, you would not technically have to pay anything back.
With that being said, since the lender rejected your attempts to do this, IMO, you have fulfilled your obligation to them. Will they blow up your phone lines? Probably. Will they tell you that you are going to jail? Yup. Stay strong and know that they are just trying to scare you into paying their illegal fees!

Should I notify these companies that I have filed complaints with the AG and FTC/CFPB?

it's up to you,but as far as the amount owed.do not pay them a penny more than the principle,and do not give them your new bank info.that is what they want so they can bleed it and leave you drowning in NSF red ink.file the complaints and communicate via email only.once they block you(and they most likely will)report every call they and any bottomfeeder makes.

Thank you for your response.

I filed a complaint with my AG yesterday and I will file with the FTC today. I have paid Spotloan $234.54 and My Back Wallett $300 thus far. I actually offered to settle with them by paying twice what they say the current principal is in lower monthly installments and they refused.

I did close the account they had access to which I notified them about earlier this week.

I guess tomorrow when they don't get their money, I should just be prepared for a ton of harassing phone calls to me and and references I listed?

Thanks again.

if both illegal lenders won't let you pay the principle only and via money order you don't deal with them.you report them first to the FTC then your AG.btw how much was debited by each lender thus far?see since both are tribal and illegal in every state anything debited gets deducted from the principle.example:


spot loan debits 200.00 three times.you only owe 200.00 as again rollover/fee debits are illegal as well,and those get deducted so try and figure out how much.or little you truly owe,but file the complaints,and i'm guessing you closed/secured your account so if i'm wrong let me know.

exactly right K represent!