Ok, here is my question...so you guys have gotten a payday loan before to try and make ends meet right?? and like were there any of you that could not pay for it, or at least have trouble paying for it?? so what happened, did any of you go to jail, did they try to get you for fraud, or what happened?? have any of you got a payday loan over the internet and just gave them your checking account number and let them deposit into your account, and when you had trouble paying for it what happened?? did they try and press charges against you??? please i want to hear about your bad experiences with payday loans...i want to read something outhere that i know i'm not the only person out in this world that is getting harassed over a stupid payday loan.....please anybody....
2006-10-27 13:27:47 · 11 answers · asked by yeah_wow_wow 1 in Business & Finance ➔ Personal Finance
Unless you intentionally defrauded them, you can't go to jail. If you take a pay-day loan, they'll just charge you millions of fees and interest and harrass you and your boss and everyone related to you until you get so depressed that you wish you never heard of them. Then in order to get out, you'll do it all over again with another pay-day loan company.
2006-10-27 13:31:34 · answer #1 · answered by b4freedom 3 · 0⤊ 0⤋
I decided not to use the payday loan when my work email address was flooded with over 5000 spam emails a week. I realized that these were not the most integritable people to be dealt with. Then I start recieving charges on my card for $40.00 a month from some company I've never heard of. I simply applied for the loan but never accepted it. So how was I scammed into paying for other services??? I had a hell of a time figuring that one out. I found out that they never give people the loans unless they have a terrible track record of never paying. When you agree to the terms, you agree to a contract that says that YOU will agree to settle out of court if there is a dispute, but THEY can settle in court... kind of scandalous, huh? They're good at deceiving people. But I"m better at catching it. Pay the loan as fast as you can or you'll be screwed. don't screw arounf, just get it payed. You're in over your head with these people.
You were supposed to pay them back the day you got your paycheck. that was the point of a "pay day" loan.
2006-10-27 13:33:57 · answer #2 · answered by Rockstar 6 · 1⤊ 0⤋
payday loan companies give the Mafia , MS13 and any other gansters bad names.
A company that actually can charge and get 400 - 800% interest on loans to the poor and un informed should be ---------.Did you know many of these palces are actually spinoffs of major banks?
visit DaveRamsey.com to learn what you haven't . Some states can run you into jail.
Get 2 more jobs turn off TV and work until you are free of these Slavers.
Close out the accounts at banks the deposits were made to, now!
2006-10-27 15:24:50 · answer #3 · answered by Anonymous · 0⤊ 0⤋
If you decide to do a payday loan, only borrow the amount you need and DON'T pay the minimum! Pay back as much as possible and refinance the rest. The one I went to you could refinance up to three times but then you had to pay the rest back. It also helps if you make a payment before your due date- you save on some of the charges that you accrue. the only bad thing is it becomes a vicious cycle because by the time you pay it all back, you have to borrow again. I just paid off the rest just last week and I will only do again in case I am really need some cash fast.
2006-10-27 14:24:40 · answer #4 · answered by krw65 2 · 0⤊ 0⤋
I'm a manager of a pay day loan business. To answer you questions... Yes, some people do get in over their heads and can't pay the loan back. But they aren't harassing you. They only want what is theirs... the money you barrowed. You signed the contracts and agreed to the repayment of the money. This is they will get a lawyer and your credit could be really crappy after everything is said and done.
2006-10-27 14:05:22 · answer #5 · answered by Cy Aviox 2 · 0⤊ 0⤋
They'll never stop! My suggestion to you is pay them back AS SOON AS YOU CAN and NEVER EVER GO BACK THERE!!!!! Do you got me????
Those places are a bloody plague on society and should be SHUT DOWN! Not only that, these people should be investigated because I can't possibly see how they can legally charge as much interest as they do. I got caught in a vicious cycle with one place and it took me a year to shake it free. I spit on them and I hope they all go out of business and right into jail!
Every last employee of those places should be ashamed for defrauding thousands of hard working people of what little money they have. These places are just absolutely CRIMINAL, A PLAGUE ON SOCIETY!!!! I hope some of you owners & workers are reading this and that you’re just sick with yourselves; because I personally know of many people who've lost their "shirts" over you con artists. YOU'RE ALL CRIMINALS IN MY BOOK ... CRIMINALS!!!!!!
I wish you the best of luck ... pay them quickly ... never go back! This is the best advice you'll ever get when it comes to these places. TRUST ME!
2006-10-27 13:42:42 · answer #6 · answered by AJD 3 · 0⤊ 0⤋
If in any respect achievable are not getting a payday own loan! The expenses of pastime could be extortionate! attempt calling your financial enterprise first they are able to grant you an extension on your overdraft. Or call certainly one of your mastercard companies and see in case you will get your decrease greater suitable - in spite of if in basic terms quickly.
2016-10-03 01:03:14 · answer #7 · answered by geddings 4 · 0⤊ 0⤋
ok yes we have 1 ..so far nothing, but they will keep going after your checking account and it sucks because you have to pay that off.. I hate the thought off a payday loan ..I would pay it off soon or more trouble to come thats how they get you let me know what goes on....good luck
2006-10-27 13:33:52 · answer #8 · answered by parentsofbadmeandt 2 · 0⤊ 0⤋
yes,i got a loan from a private lender.He will send you his identity.I was required to present a fee but i felt i was to be scamed unitil i got the loan.I paid the fee which was NON COLLATERAL FEE this was bcos i got no house to present as a collateral.His interest rate is 3%.If you want to contact him is email address is chualoans@yahoo.com or you can see me at jane4uban@yahoo.com.
2006-10-28 03:18:32 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Try https://tr.im/1rBPk
2016-07-21 00:48:38 · answer #10 · answered by Adrienne 6 · 0⤊ 0⤋