Wed, 08/07/2013 22:00
I am not sure what my next step is with Payday One which is now Rise Credit. In SC they are a licensed supervised lender, which basically is a way around the payday loan laws. They are not bond by the interest rate cap or the money lent out cap. I have emailed them several times. I have gave them my best settlement. I basically gave two options. One was to consider my account PID since over the past 3 years I have paid over $5000 in interest. The other option was to pay them a monthly sum over the next 5 years which would pay for my last loan minus any interest. I explained my finance honestly and explained that was the best I could do. It has been almost 2 weeks since I sent the email. I resent it a week ago. All I have received from them is late on my payment email for not making a payment in July.
Anyone have any advice on what my next step is?