payday loans in nj help
Date: Mon, 07/12/2010 - 09:58
Quote:Originally Posted by AnonymousI live in nj i have 5 payday
Quote:
Originally Posted by Anonymous I live in nj i have 5 payday loans out 2 of which i have overpaid. i recently closed my bank account. I faxed all the companies c & d letters. the companies are: cash advance network united cash loans integrity advance money 2 advance- a.k.a (community cash services) eastside lenders can someone tell me if they are legal and what i should do next.. |
no pdl is legal in NJ.it sounds like you did everything you should for now.wait and see how they respond.we can help further from there.
Payday loans in NJ - Help me too!
Hi,
I too am on that same boat. The following loans have been taken out, however, my entire check will go to fees and not my bills. I am anticipating in closing my account and sending letters as well. Is this a good move?
OneClick Credit $400 ($360)
Loanshop $600 ($360)
GRENTERPRISES $500 ($126)
[COLOR=black]Ameriloan $400 ($120)[/COLOR]
[COLOR=black]Yellowdale $200 ($55)[/COLOR]
[COLOR=black]Beacon Principal $200 ($0)[/COLOR]
[COLOR=black]Brighton $200 ($0)[/COLOR]
[COLOR=black]United Consumer $300 ($0)[/COLOR]
[COLOR=black]Lakota Cash $300 ($0)[/COLOR]
[COLOR=black]Never in my life will I do this again!!! :cry:[/COLOR]
[COLOR=black]Debtfreedreams[/COLOR]
Hi, If you've overpaid on your payday loan accounts, you can as
Hi,
If you've overpaid on your payday loan accounts, you can ask for a refund from them as payday loan lending is not legal in NJ. You have already done the needful that should have been done. Therefore, you can just wait to see the next action of the lenders. Till then, stay cool..!!! :):)
Since they are illegal in NJ, you owe only the amount you borrow
Since they are illegal in NJ, you owe only the amount you borrowed. If you've overpaid, you can send a certified letter requesting a refund, telling them you will file complaints. I received a refund from one of mine. and some I overpaid and did not receive refunds. Eastside Lenders hounded me for over a year, sending it to Smith Haynes Watson, a scumbag collector. In the end I prevailed and I have been out of payday loan hell since 9/10.
I completely agree with what the previous posters have said. As
I completely agree with what the previous posters have said. As the lenders are not licensed to operate in your state, so you are required to pay only the principal amount. Illegal payday lenders can???t take any legal action against you. You can request your bank manager to put a hard debit check on your bank account so that they can???t debit money from your account. To know about how to deal with illegal payday lenders, glance through the following link:
http://www.debtconsolidationcare.com/paydayloan/illegal-pdl-dealings.html
