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I have been reading the posts on payday loans and I have not seen any information on Washington, DC. I have payday loans with, United Cash Loan, Ameri Loan, 500 Fast Cash, Payco, GFS (General Financial Services), Sonic Payday, Bahamas Marketing, Group and Loan shop. My question is are there any debt programs for assisting with paying off loans. I'm really going deep debt with these companies. I'm sorry I ever got involved with them. I need help fast so any assistance would be greatly appreciated. I have thought about closing my bank account and opening one with another bank, but I'm too afraid of getting the harassing phones calls. What should I do?
Payday lending is prohibited in Washington, DC. All lenders in this state are illegal. You are required to pay them only the borrowed amount, no interest, no fees. Close down your old bank account and open a new one to stop debiting money from your account. Don’t hire a debt relief company. Illegal lenders can’t do anything. Simply pay back the principal balance and get out of this vicious cycle.