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Debtconsolidationcare.com - the USA consumer forum

3 Different Pay Day Loans

Date: Tue, 05/25/2010 - 22:02

Submitted by anonymous
on Tue, 05/25/2010 - 22:02

Posts: 202330 Credits: [Donate]

Total Replies: 5


I took out 3 loans a few weeks ago, under the impression that when I got the money, I could just pay them off. well I would like to now and found this forum.


I used:

GRENTERPRISES112

CMG Group LLC

Pack Mgmt/B&L

So are you all saying, it is NOT as easy as simply faxing them, and saying STOP??

Do I need to go ahead and close accounts tomorrow??


I was to late on doing research on these and fell behind on payments to CMGGroup. It wasn't very long after I closed my account that I got a call from collections and it stunk. The collections agency is very difficult to deal with. Make sure you do lots of research on this, this site is very helpful and if you pay attention you can get out of this.


lrhall41

Submitted by DorenC on Wed, 05/26/2010 - 19:06

( Posts: 156 | Credits: )


Quote:

Originally Posted by Anonymous
I am in Wisconsin and I have no idea if they are legal or not. I will check the link you gave now.

Wisconsin is a loophole state when it comes to payday lenders, Internet payday lenders must be licensed in your state but only if they solicited you, therefore, if they didn't solicit you, they are legal as long as they are licensed somewhere in the U.S.


lrhall41

Submitted by Shazzers on Wed, 05/26/2010 - 19:50

( Posts: 17344 | Credits: )