Ok, so I really need help here. I posted before but I was not sure what I was doing, so here I go again. I too have been trying to deal with payday loans and i can not do it anymore. Here are the loans I have out:
1 BIG limited- borrowed $200 paid $175 they said in just interest
2 GFS(global finiancial) borrowed $200 paid $110 they said in interest
3 Paydayonline- borrowed $300 paid $180 interest again
4 cashnminutes- borrowed $200 paid $132 interest again
5 ezpaydaycash-borrowed $200 paid $120 interest again
All of these were internet places. I do not even know if they are legal or not. I live in new mexico and i am not sure what the law is. I have closed my account so no more fees will be taken out hopefully. I am already getting the harrasing phone calls. One so called investigator Watson with Legal and debt arbitration said he is representing the cashnminutes loan and that i have until 9-5-08 to pay $750 or i will be served at work and have to go to court. can someone point me in the right direction please? whats next? are these places legal? will i have to go to court? i am really scared.
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
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The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.