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I took out a loan with Power Finance Texas in the amount of 770 dollars. So far i have paid back 721.99. my question is if this is a legal company? Do I owe only the principle balance? I am in Houston Texas if that helps?


They are legal in Texas. You owe both the principal amount and the interest.

Sub: #1 posted on Fri, 04/06/2018 - 12:57

ditchdebt ditchdebt

(Posts: 661 | Credits: 253.26)

Since, they are legal in Texas, you have to pay the principal and interest.

Sub: #2 posted on Fri, 04/06/2018 - 18:31

sanderspatricia29 sanderspatricia29

(Posts: 606 | Credits: 63.61)

Contact Power Finance and let them.know you can not continue with your current payments and would like to make arrangements to pay off your account with monthly paymemts that will go towards paying off the balance.

Sub: #3 posted on Sun, 04/08/2018 - 05:22

Jewel Jewel

(Posts: 10 | Credits: 1.22)

They are legal in Texas. You need to pay off both the principal and the interest.

Sub: #4 posted on Mon, 04/09/2018 - 11:41

Barbara Delinsky Barbara Delinsky

(Posts: 264 | Credits: 26.21)

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