payday loan cardinal mgmnt

Date: Fri, 07/13/2012 - 06:03

Submitted by anonymous
on Fri, 07/13/2012 - 06:03

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Total Replies: 1

Hi...i took out a payday loan with them....all was ok until an oversight on my part and they overdrew my account and caused a huge domino effect on other checks/debits. Now they wont stop debiting AND the amount is doubling with their fees. I cant close my bank account because its negative and I dont have the $ to bring it positive. They sent me an email with a new loan doc with the returned amounts and fees included and my typed name in the signature line as of the 10th. Can they do this? They say they cant stop it and work out an alternative pay arrangement. They said they have the right to wage assign. Can they do this? HELP!

do this

first go to soaplady's signature on dealing with illegal lenders.read it and follow every step.do not skip steps.the first step is to secure your bank account.now for you that involves seeing a manager in person and getting the account on(deposits only)status.again only see a manager in person for this.then follow the rest of the sticky step by step.btw there are revocation letters for ACH(the debits)and wage assginments(as those can be revoked at anytime).just know that cardinal is an illegal online lender and can do nothing once you secure your account,and revoke the wage assignment.they can call and illegaly harrass,but that is all they can/will do.btw you not only owe the principle,but anything debited prior to default gets deducted.example:

you borrow 300.00 they debit 90.00 three times.you only owe 30.00,and nothing they say or threaten changes that.

do as i advised and you will be fine.

lrhall41

Submitted by paulmergel on Fri, 07/13/2012 - 06:39

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