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Date: Tue, 06/19/2007 - 18:33

Submitted by IPDL IDIOT IN NY
on Tue, 06/19/2007 - 18:33

Posts: 78 Credits: [Donate]

Total Replies: 3


They called today telling me that I owe $560 for a $350 loan. A fee of $105 has been paid already. I asked the agent if the additional money was for interest payments. She immediately corrected me stating they were "service fees". Only willing to make arrangements for 2 payments. Told her I needed more time. The apr in NY state cannot exceed 25%, so I dont think I owe quite this much. Can someone help me figure out exactly what my proposal to them should be without violating the law in NY state?


I believe they are prohibited in NY are they not? If that is the case, then you only owe the principle amount you borrowed. As far as I am concerned, you should tell them to KYA! They are scum bags. They got me for over 500 on a 250 loan and claim i still owe them another 600. Fat chance!


lrhall41

Submitted by Leah on Tue, 06/19/2007 - 21:06

( Posts: 2322 | Credits: )


They are ILLEGAL in NY. The NY AG office will be all over them. Please send in a complaint and dont give them a dime more. They will tell you the contract is null and void. They were not supposed to lend there they are breaking the law. KYSIDE38


lrhall41

Submitted by KYSIDE38 on Tue, 06/19/2007 - 22:44

( Posts: 2477 | Credits: )