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Financiall issues

Date: Mon, 07/16/2007 - 20:15

Submitted by anonymous
on Mon, 07/16/2007 - 20:15

Posts: 202330 Credits: [Donate]

Total Replies: 3

Financiall issues


Well...long story short I got in a tight financial pinch and I got about 8 pay day loans. After paying the interest rates for three to four pay periods I noticed that I never had any extra cash for my bills and other things. I am currently looking for help with this matter before I lose everything I have worked for


Well, you have come to the right place for help here! A lot of us have dealt with these payday loans. Please let us know a little more info, so we can help you.

Which state do you live?
Are you dealing with storefront and/or internet ones and what are their names?
How much was the original loan and how much have you paid so far?


lrhall41

Submitted by joshua1987tree on Mon, 07/16/2007 - 20:28

( Posts: 453 | Credits: )


Thanks for responding so fast! Well, I am living in the beautiful state of Texas and all of the companies I used were online stores. The names of the companies are as follows: Sandpoint, JD marketing, B& L Marketing, SSM Group, Antilles, E dollars direct, Loan shop and purpose cash loans. All loans are current but after they take the fees, I don????????t see any of my paycheck. Each company approved me for 300 a piece with 90 charges for the loan totaling about 3,200. This issue that I am having is causing some big problems at home! I need to see of someone has any information that can help me. I filled out the questionnaire for debtconsolidationcare.com, I hope they can help.


lrhall41

Submitted by anonymous on Mon, 07/16/2007 - 22:08

( Posts: 202330 | Credits: )


Here are the payday loan laws in Texas:

please find Texas state info here http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html


It looks like these loans are violating Texas laws, especially when it comes to the interest rate and rollovers! There will be no adverse actions if you close your account down and re-open a new one, so they stop debiting your account and you can take control of your money again. You need to send each place a letter stating that you revoke your authorization that they debit your account. Some places will just ignore this anyway, but at least you have documentation that way!

Also can you tell us how much you've already paid these places individually?


lrhall41

Submitted by joshua1987tree on Tue, 07/17/2007 - 06:36

( Posts: 453 | Credits: )