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I took a loan out with Fire side Cash in the amount of $500.00. They are taking $150.00 every two weeks from account but nothing is going towards the $500.00. Are they license to do this? I thought they had to put some it towards the balance owed on the account? Please help me. I reside in TX and not sure of TX Laws when it comes to on line payday loans.
Not sure of TX Laws
Welcome to the forums!!!
Fireside Cash is an illegal lender. You owe them nothing more than the principal balance i.e only $500. Don’t pay them any interest or fees. Close down your old bank account immediately and open a new one to stop unauthorized withdrawal. Ask them for a refund, if you have overpaid them.