Internet loans
Date: Tue, 12/18/2012 - 21:23
I have 4 Internet loans. I keep having to get another just to pay the "finance" fees for the other ones. I will never be able to pay them off. All but one of them has outrageous financing which none of it goes to principal. I had to close my checking account because the automatic debits they do every pay period takes my entire check. I am now about to lose my only means of transportation to work and can not make my rent. I don't know what to do??????
I believe that three of the lenders may not be licensed and I didn't realize that these finance charges would not pay down the principle. One of the loans I was just inquiring about. I did do the application on line, but when I spoke to the person on the phone I told them I wasn't sure I wanted to go through with the loan and I would call back if I decided too. The next day the money was in my account and was eaten up by overdraft fees, so I wasn't able to have them just take it back.
Here are the lender names and the loan amounts
Great Plains lending $800
Castle pay day $600
Cash payday $255 ( this one I feel is fair. Only charging $45 in finance fee)
Red leaf lending $400
If you have any advice, please share. I am desperate.
Thank you.
I believe that three of the lenders may not be licensed and I didn't realize that these finance charges would not pay down the principle. One of the loans I was just inquiring about. I did do the application on line, but when I spoke to the person on the phone I told them I wasn't sure I wanted to go through with the loan and I would call back if I decided too. The next day the money was in my account and was eaten up by overdraft fees, so I wasn't able to have them just take it back.
Here are the lender names and the loan amounts
Great Plains lending $800
Castle pay day $600
Cash payday $255 ( this one I feel is fair. Only charging $45 in finance fee)
Red leaf lending $400
If you have any advice, please share. I am desperate.
Thank you.
Great Plains is Tribal -
Great Plains is Tribal - Illegal -- only morally obligated to pay back principal
Castle Pay Day is Tribal - Illegal -- only morally obligated to pay back principal
Red Leaf Lending - Offshore - Nevis, West Indies - Illegal -- only morally obligated to pay back principal
Cash Pay day - can't find need more is that the exact name?
Follow the steps in this link step by step - very important to shut down you bank account as compromised and open a new one not linked in any way to the old one.. http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html