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I live in Alabama and have gotten way to many on line payday loans now they are driving me crazy to pay them and I can not keep up the unreasonable monthly interest payments help are the legal in Alabama?
Cash net USA, Cash Central, Speedy Cash, 500 fast cash, one click cash, St Aramdi.
Keep up unreasonable monthly interest
Welcome to the forums!!!
Cash Net USA- Licensed lender
Cash Central - Licensed lender
Speedy Cash - Licensed lender
500 fast cash- Illegal lender
One click cash- Illegal lender
St Aramdi - Illegal lender
You are responsible to pay both the principal and interest to your licensed lenders. In this case you may try to negotiate with your legal lenders and set up a payment arrangement with them. As far as the illegal lenders are concerned, you are required to pay them only the principal balance. Don’t pay them any interest or fees. In this case it would be better for you to close down your old bank account and open a new one to stop debiting money from your account.