They said it is now in collections

Submitted by Anonymous (not verified) on Wed, 12/26/2012 - 12:24
Forums

I have a few payday loans out and could really use help. I have one with check n go I got 800 paid them over 200 and currently owe them 1006 I have one with ace cash express I owe them 911 I have already paid them over 800 on a 1000 loan I have one with loan point USA I borrowed 600 paid them 180 and they say I owe them 960 I also have one with gateways. I borrowed 300 and they will not even tell me how much I owe them because they said it is now in collections. Please help me

Welcome to the forums!!!
Check 'n Go and Ace Cash Express are legal lenders. So you are required to pay them both the principal and interest. In this case you may negotiate with your legal lenders and set up a payment arrangement with them. Your other 2 lenders are not licensed in TX. You are only required to pay back them the amount borrowed. Don’t pay them any interest or fees. Close down your old bank account and open a new one.

Thu, 12/27/2012 - 04:05 Permalink