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Pay day loan debt

Date: Mon, 08/16/2010 - 08:05

Submitted by Charlene DeStouet
on Mon, 08/16/2010 - 08:05

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Total Replies: 1


i owe a pay day loan company $802.00. The legal dept. of this company has threatened to send the police to my home & have me arrested if I do not fax them a letter authorizing them to take $200 bi-weekly from my checking account by 5 PM EST. I am currently unemployed & only receive $195 in weekly unemployment compensation. I explained this to the company's legal representative, but he seemed not to care at all. What CAN I DO?