PAYDAY LOAN

Hi MALANA,

Welcome to the forum.

Is it that you have requested for this payday loans? I think it will be better for you if you can stay away from these type of payday loans Companies.

Best of luck,
Larry

These guys are crooks, stay away from these crooks and you will be better off, for real, go to the debt forum and read all the horror stories there.

Did you request the loan? I hope not. Did you know that the return rate of interest when you repay a PAYDAY loan can be as high as 600%? There are several alternatives to this type of loan if you find yourself temporarily short.

It is down right ridiculous the rate that they charge, should be against the law, there should be some type of regulation on what they can charge.

they can charge so much becouse when people are desperate they will do stupid things. This is what they look for and they find it. it is so easy to get a payday loan but once you get one its hard to get rid of it!

man i cant believe the they charge so much. WOW

Did you request It? Did you give them your bank details. As other posters have allready pointed out most payday loan companies are crooks. Play it safe in future and look at other options!

I would be very careful if you decide to use one of these loans. If you do decide that this is something that you need to do, then do try to pay it off on the following payday.

Hopefully you can get it all straightened out before you need to borrow the money. Goodluck, hopefully you can.

Definately do your research on these companies, try to avoid them altogether if you can.

I have a question that maybe someone here can answer, I was wondering what type of legal action can a payday loan company take for collection? can they report to collection company, or can they sue? I live in southern california. please someone let me know!

Hello jnmteal.

If you owe money to the payday loan company and defaulted on it then they can sell it to collection agency or even sue you. So better pay the due amount on the payday and I would better suggest stay away from them. By the way they cannot threat you over phone. It is against law.

Let me know if you have any more queries.

Sometimes it happens that, you have to meet some emergency needs but at the same time you are facing severe financial crunch. To overcome such situation, you have to rely on external financial support. For such emergency needs, you can rely on cheap emergency payday loans. Upon applying for these loans, you get access to instant cash, which in turn enables you to fix the needs that cannot be put on hold until your next payday arrives.


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