mypaydayloan.com
Date: Wed, 01/27/2010 - 21:33
Ok, so I took out a loan with MyPayDayLoan.com for $400. I paid back $100 so far and then got in a big mess with payday loans and closed my checking accounts and opened new ones... I reside in the state of TN.
MyPayDayLoan.com has CONSTANTLY harassed me via email/phone to pay the balance owed. They are saying I now owe $575.
I have told them that since they are illegal to lend in my state I would be glad to repay them the $300 remaining on the principle, but no more, but they are refusing. They say Tennessee Law has no bearing on this contract because the venue was costa rica.
They have now reported me to CheckAGAIN as having a bad check on a closed account for the payment they tried to run thru in December, and today they sent me an email saying my account was about to be turned over to an outside collection agency and that I should review the bad check laws for my state because I could face jail time/fines for the bad check transaction. (But I never wrote them a check, it was all ACH).
I again emailed them back and told them I would send $300, but nothing more..
I am at my wits end and don't know what to do. Are they going to try and get me arrested?
MyPayDayLoan.com has CONSTANTLY harassed me via email/phone to pay the balance owed. They are saying I now owe $575.
I have told them that since they are illegal to lend in my state I would be glad to repay them the $300 remaining on the principle, but no more, but they are refusing. They say Tennessee Law has no bearing on this contract because the venue was costa rica.
They have now reported me to CheckAGAIN as having a bad check on a closed account for the payment they tried to run thru in December, and today they sent me an email saying my account was about to be turned over to an outside collection agency and that I should review the bad check laws for my state because I could face jail time/fines for the bad check transaction. (But I never wrote them a check, it was all ACH).
I again emailed them back and told them I would send $300, but nothing more..
I am at my wits end and don't know what to do. Are they going to try and get me arrested?
Mypayday loan isn't licensed to lend anywhere. CLICK HERE to fin
Mypayday loan isn't licensed to lend anywhere. CLICK HERE to find out how to deal with illegal lenders.