Forums
Is anyone familiar with MW Marketing also known as E Dollars Direct? I have a payday loan with them for $300 and they've extended my loan 7 times,and when I called regarding this, their response was you are supposed to call 3 days prior to renewal to pay down the balance which I had no knowledge of. Is the legal? I live in NJ and I've paid them $630 dollars already.
Payday lending is prohibited in NJ. All lenders in this state are illegal. You owe them only the borrowed amount, nothing more than that. As you have already overpaid them, so ask them for the refund. Immediately close down your old bank account and open a new one to stop debiting money from your account. Don’t share any personal information with them.
Well, yes, the above poster has said it all. Follow the advice given by the above poster and get back to us in case you still face any problem. As payday loan lending is illegal, you need not worry about being sued or harassed.