HI ... I just recently got inthe to the PDL trap after a few unfortunate setbacks. Basically, in the month of Aug i got PDL's from:
PaydayMax -Loan $560.00
CENTRUION FUND -LOAN $500.00
LOANSHOP/ZURICH -8008069971 $300.00
Biggest Cash -Payday Lns $300.00
500FastCash -CREDIT $300.00
I have already paid $200 towards paydaymax --- and after doing some research last night - came to realize that these transactions are illegal in NJ.
Where do I start??? Can I stop the automatic debits that are scheduled to happen next week before they happen? I definately will repay the original loan amounts --- but, if i can avoid the crazy interest rates and fees --- that would be great. Should I call commerce bank to stop auto debits ASAP or call the ACH companies???
Wow -- I had no idea that these were illegal ....
Thanks for your help.