Not even legal in Mississippi.

Submitted by Anonymous (not verified) on Wed, 05/22/2013 - 12:08
Forums

I have a payday loan with arrowhead that was taken out in Sept or Oct. I have already paid them around $930. Is there anything I can do about this? They are taking 150 every two weeks from my account, my loan was for 500, which I see now is not even legal in Mississippi.

Welcome to the forums!!!
Since your lender is not legal in your state, so you owe nothing more than the principal. Just close down your old bank account and open a new one to stop debiting money from your account. Ask them for a refund as you have already overpaid them.

Thu, 05/23/2013 - 03:50 Permalink