In over my head PDL in IA
Date: Fri, 07/23/2010 - 13:07
Help! I am in over my head with 7 PDL, all internet, live in Iowa. The minimums due the 30th of this month are more than my payroll check!! What can I do?? And fast. . .I also need to make rent then or be living under a bridge. Please let me know what I can do to straighten this mess out. . .thank you
As for your loans in Iowa, all internet PDL's are illegal in the
As for your loans in Iowa, all internet PDL's are illegal in the state of Iowa. I would suggest that you close your bank account and utilize the letters on this site to advise your lenders. The lenders will tell you that they are located outside of Iowa and you agree to follow the laws where they are located. I can assure that the Iowa Division of Banking will whole heartly disagree.
Do not let them push you around. If you have any storefront loans, contact the store to advise your situation.
Also, if you would list all of your lenders, the amount borrowed, and the amount paid, we can give you some additional advice.
