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I live in Massachusetts and currently have 5 outstanding loans.
Pepper Cash - $500 with $100 fee
PayDay Max - $740 with $275 fee
Cash Cure - $500 with $150 fee
AdvanceMe Today - $350 with $105 fee
Plain Green - $450 with $140 fee
I'm in serious need of help! I ended up taking out more loans just to pay the ones I already had. Please help me with what I need to do next. I've been paying on these for a few months already. How do I go about seeing if these are all legal in Massachusetts? I need to do something and fast!
How do I go about seeing if the loans are all legal?
Welcome to the forums!!!
Payday lending is prohibited in Massachusetts. That means all the above mentioned lenders are illegal in your state. You owe them only the principal balance. Nothing more than that. Just close down your old bank account and open a new one to stop debiting money from your account. You may ask them for the refund, if you have overpaid them.