Only resolution is to keep paying

Submitted by Anonymous (not verified) on Mon, 06/24/2013 - 12:23
Forums

I have 3 payday loans- Ameriloan, Hydra Fund and Plain Green, that keep hitting me up every week for funds that I don't have... it basically drains my paycheck and then some. I live in Illinois. I do not know how to end this cycle. I have tried to call each lender and they tell me the only resolution is to keep paying the interest or pay it off in full. I fear that this is going to drive me to living on the streets. Any help would be greatly appreciated.

Welcome to the forums!!!
All of your lenders are illegal in your state. You owe them only the principal balance. No interest, no fees. Just close down your old bank account and open a new one. Ask them for the refund, if you have overpaid them. Don’t worry mate...illegal lenders can’t do anything.

Tue, 06/25/2013 - 04:33 Permalink