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Date: Mon, 09/10/2012 - 13:59
I have a outstanding loan from JHS marketing, I understand that they are off shore lenders, what are texas laws regarding default on these payday loans
You're only required to pay the principal amount on the illegal
You're only required to pay the principal amount on the illegal loans. There is no question of paying the interests or fees. How much have you paid back in total? What is the total loan amount. You can check out the Texas payday loans from here.
Texas law or for that matter the laws of any other state concur
Texas law or for that matter the laws of any other state concur on the fact that offshore lenders are considered illegal. Revoke ACH authorization right away. How much did you borrow and how much have you repaid as of now?
There are step by step instructions for dealing with illegal pay
There are step by step instructions for dealing with illegal payday lenders in my link below.
