Next week i wont have the money to pay

Welcome to the Community :D Are these store front or internet ones? If they are store front, and you have never been late, I would try to talk to them and see if you can work out something. If you have any questions, please ask..KAren

Welcome to the forums. If they are internet go to http://www.paydayloaninfo.org and look up state laws. It is legal in SC but no rollovers are permitted. KYSIDE38

They are store fronts and i have already asked for help and they are not willing to help

Tell them you know your state laws and rollovers are not permitted. Also they can not pursue criminal charges on this matter. According to your state laws. KYSIDE38

Whats does rollovers mean?

Like when you go into the store and give them another check and just pay interest. KYSIDE38

You also need to complain to your Attorney Generals office. Consumer division. KYSIDE38

Oh OK. well if i dont have the money should i close my account or will that be criminal

According to you state laws no criminal action can be taken. Just to be sure contact the Attorney Generals office explain what is going on. Who know your state laws better than them? KYSIDE38

If you don't close it, they will take the money out, but if you do, that will make them really mad! The thing with storefront lenders is, they can and often do file judgements, unlike the internet ones. Try talking to someone else to see if they will work with you.Karen

What would be the best thing to do? I have two different checking accounts but they loan is off just one account

Bossy is exactly right. I will tell you how they get by with this. They have a bank that backs them. The reason I know is we had First American Cash Advance here in WV. They were backed by a bank in SD. The Attorney General and FDIC closed them down. KYSIDE38

I did my math and i have paid about 1600.00 in intrest to each one. WOW

My God!! Call your Attorney General Monday morning. Consumer division. I believe if I was in your shoes you couldnt do worse if they took you to court. KYSIDE38

Well im going to close the account. I just got off the phone with a law buddy of mine and he states that sc is a non-debt state and they really cant do nothing. THeses folks have been geting my money for over a year. Plus they knew i lost my job and kept renewing it evrytime

Keep me posted. I am interested in how the outcome will be. Payday lending is Prohibited in WV. The Attorney General is sueing their butts off. KYSIDE38

Well thanks for your help and info.

You are welcome. Keep us posted. Good Luck and Merry Christmas. KYSIDE38

A rollover is when you just pay the interest on a payday loan. Along about last year or so, the storefront PDLS that I dealt with started saying that you had to pay the loan off completely and then you could re-loan. I guess this was just to protect themselves.