Payday loan nightnare
Date: Wed, 05/12/2010 - 20:04
I have payday loan nightmare. I recently read that if not licensed in your state you do not have to pay. Can I use that to stop finance charges and just pay the loan? I have 3 payday loans and none of them are on my states licensed website.
When the lender isn't licensed in your state you're required onl
When the lender isn't licensed in your state you're required only to payback the principal amount borrowed. You may check out the following thread on dealing with unlicensed lenders.
http://www.debtconsolidationcare.com/paydayloan/illegal-pdl-dealings.html