Struggling to cover interest payments

Submitted by Anonymous (not verified) on Thu, 08/01/2013 - 10:29
Forums

I currently have out four payday loans in California. I've been struggling to cover the interest payments alone and then had a payday loan that was set up on the opposite weeks of my payday. My bank account is now over drafted and I'm in a never ending cycle for NSF fees. I feel like my debt is spiraling more and more out of control. Anyone know exactly what my options are for the state of California? I have loans out with... 247GreenStreet / vandelier group / Payday One / 500FastCash

Welcome to the forums!!!
All of your lenders are illegal in your state. You owe them nothing more than the principal balance. 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 as you have already overpaid them. Don’t worry mate, illegal lenders can’t do anything.

Thu, 08/01/2013 - 12:22 Permalink