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Can I pay less than I owe if they lended illegally?

Date: Sat, 02/17/2007 - 21:25

Submitted by jlfarley31677
on Sat, 02/17/2007 - 21:25

Posts: 14 Credits: [Donate]

Total Replies: 7


I received a $500 loan from mycashnow, but I have since learned that in California, they can lend no more than $300.

If I send mycashnow a letter showing this, can I just pay them the $500?


Pay it and get out before it gets out of hand. You have to pay back at least the principal which is the $500, You say you have been burned before, hopefully you walk away lesson learned this time. goodluck!


lrhall41

Submitted by fedupinpa on Sun, 02/18/2007 - 14:30

( Posts: 1511 | Credits: )