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Hearing several things

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Subject: Hearing several things
 
Posted on Thu Feb 14, 2013 12:26 pm  

I am hearing several things about payday loan laws in Arkansas. Some people say that payday loans are legal here. Some people are saying that they are illegal. I am totally confused. Which one is true? I have 3 payday loans. I want to get out of them?
goodnatured



Joined: 03 Nov 2007
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Posts: 3931



389 Magic Points

 
Posted on Thu Feb 14, 2013 3:15 pm  

Everything I read says it is illegal in Arkansas. You may want to contact your attorney generals office so that you have the information directly in front of you when dealing with the payday loan people. They are gonna get pretty aggressive once you stop paying them, the more you know the better. I suggest that you call your attorney general and get the information that is relevant so you can read it directly to them when they start their reign of terror when trying to collect an illegal debt. Good luck and keep us posted.
sallynachelle



Joined: 10 Jun 2011
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Posts: 1023



6864 Magic Points

Subject: Hearing several things
 
Posted on Fri Feb 15, 2013 4:22 am  

Welcome to the forums!!!
As far as I know payday lending is legal in Arkansas. What are the names of the pdl companies? How much did you borrow from them?

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