Hi, I currently have 3 payday loans out and cannot

Hi, I currently have 3 payday loans out and cannot pay them. Is there a way that I can keep them from making my account negative and stop the drafts. Also any other info will be appreciated.

3 Answers

What are the names of the payday loan companies? You can close the account so as to stop them from debiting money. You can also revoke ACH transaction. 


What state do you live in? How much did you borrow from your lenders? Are your lenders licensed in your state? What are the names of the pdl companies? Please give us more information.


What state do you live in??  List out your loans, how much you borrowed and how much you owe.

 

How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.

SOL for all states
http://www.debtconsolidationcare.com/statute-of-limitation.html

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