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Payday loan consolidation and help

Cash Net

I received a line of credit from Cash Net USA for the amount of $1400. I am in Louisiana.
I know that payday loans are legal in Louisiana, but can Cash Net give out line of credits of $1400?
I am aware that the max payday amount in Louisiana is $350.

Asked on Mon, 06/29/2020 - 22:01
Anonymous
2 Answers

JUst pay the principal amount. If they do any more illegal, manke a complaint.

Answered on Fri, 07/03/2020 - 17:35
Sanders Patricia

They have violated the law. In that case, the loan agreement has become null and void. So, you're only required to pay the principal amount. Don't pay interests. Logically, they shouldn't give you a loan of $1400. That is not acceptable.

Answered on Wed, 07/01/2020 - 10:35
David Martin

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