Submitted by Anonymous (not verified) on Thu, 10/10/2013 - 10:42 Forums Credit repair Does anyone know if Summit Group and Mycashnow are legal in Illinois? paulie (not verified) no i am in illinois and both are illegal.so you only owe the principle,and anything debited in "fees"gets deducted from that. Log in to post comments Thu, 10/10/2013 - 15:53 Permalink Anonymous. (not verified) Both are illegal lenders. Close down your old bank account and open a new one to stop debiting money from your account. Log in to post comments Tue, 10/15/2013 - 05:31 Permalink Amy_Nickson1986 You owe them only the principal amount and not any interest rates or fees accumulated. Don't over pay them and if you did, demand a refund. Log in to post comments Tue, 10/15/2013 - 07:22 Permalink Log in to post comments
paulie (not verified) no i am in illinois and both are illegal.so you only owe the principle,and anything debited in "fees"gets deducted from that. Log in to post comments Thu, 10/10/2013 - 15:53 Permalink
Anonymous. (not verified) Both are illegal lenders. Close down your old bank account and open a new one to stop debiting money from your account. Log in to post comments Tue, 10/15/2013 - 05:31 Permalink
Amy_Nickson1986 You owe them only the principal amount and not any interest rates or fees accumulated. Don't over pay them and if you did, demand a refund. Log in to post comments Tue, 10/15/2013 - 07:22 Permalink
no
i am in illinois and both are illegal.so you only owe the principle,and anything debited in "fees"gets deducted from that.
Both are illegal lenders. Close down your old bank account and open a new one to stop debiting money from your account.
You owe them only the principal amount and not any interest rates or fees accumulated. Don't over pay them and if you did, demand a refund.