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I live in Florida and I have 3 loans
Star Cash Processing I owe 550+165 interest
United cash loans I owe 800 + 240 interest and
Cash call 5000 + 555 interest
Have made several interest payments to each. According to your website the loans are legal but the rollovers are not nor Is the interest rates. I have a letter to send but am not quite sure what I'm supposed to say as the Loan is legal. Do I just pay the interest rate? And rollover is illegal in Florida thus I will pay principal only?
Both Star Cash Processing and United Cash loans are illegal. If Cash Call has originated with Western Sky, then it’s also considered as illegal. In this case you owe them nothing more than the principal balance. As you have already overpaid them, so ask them for the refund. Close down your old bank account and open a new one to stop debiting money from your account. Don’t worry mate, illegal lenders can’t do anything.