I have about 7 payday loans, 3 of them are just fine, but 4 of them are horrible. I have been paying the fees on them over and over, which Arizona law says that legally they are only allowed to roll over the loan a total of 3 times. I have paid these loans back. I closed my account, but I am worried about the phone calls and legal actions. I want to pay them back but I feel I already have with all the fees I have paid.
Here are the loans
Big--loan amount $200. I have paid fees since March 2008, started at $80 ever pay check but lowered every month until it was $40. So I have more then paid it back
LoanShop--loan amount $300--i have been paying a $90 fee every payday since March 7th 2008
FTR--Loan was $200, I have been paying a $60 fee every payday since Dec 2007. no pay down option
247advances.com--loan amount $200-- i have been paying $74 every payday since March 2008--doesnt offer pay down
I know these companies are not following AZ laws, but I dont know what to do to get them taken care of. Do I sit back and wait for the calls to start since I already have closed my account and spoke to my bank. Who do I file complaints with my state or the state the loan company is in? There are a few that I dont even know where they are located. Can someone please give me any information they have on any of these companies.