The interest is so high that I cannot even begin to pay back any of the principal. I KNOW taking out these payday loans was VERY stupid, but at the time, it was a quick fix to a problem and because of my terrible credit, I wasn’t and am still not able to take [...]
My husband didnt work for years and I ended up making the mistake of getting caught up in these payday loans. He was an abusive alcholic and I could not make ends meet. He stole from me so I had no money. It is a horrible cycle i’d take out another to pay the [...]
can payday loan lenders continue to charge you interest on the loan once you have defaulted on the loan and it has gone into collections.
If so what can I do about the enormous interest rates they’re charging?
We pay off a normal note in a few months say4-5 but can’t seem to do anything but pay the interest on these notes and pay our other bills . We don’t own a home ,except a mobile home thats paid for. But they don’t seem to count that.We just need a break we want [...]