Consolidating internet loans
You can finally rest your head at night knowing that you are working with a company that specializes in eliminating and settling USECURED DEBT. We understand that this may be a very confusing and frustrating time.
You can finally rest your head at night knowing that you are working with a company that specializes in eliminating and settling USECURED DEBT.
Regulators in some states that license payday lenders routinely advise borrowers to follow Coons’ example.
Check with state authorities to see if the loan is illegal, and if it is, close your account.
The man from Puyallup, Wash., expected the lender, Ameriloan, to deduct 7 from his bank account on his next payday to pay off the loan.
But when Coons checked his account two weeks after getting the loan last February, he was shocked to discover that Ameriloan had withdrawn only 5 and that he still owed 0 on his 0 loan.
Lisa Mc Greevy, the president and chief executive officer of the Online Lenders Alliance, said members of her organization utilize “an array of legal business models” and argues that consumers should have a variety of choices when borrowing.
“If you’re not licensed, it (the loan) is not collectable and it’s not enforceable.” The dirty little secret among online payday lenders who violate state laws is that they cannot win in state court, regulators say.
Indeed, Bortner said she’s never seen a case where an online payday lender took a borrower to court.
We help our customers in their efforts to lower their monthly payments, consolidate multiple debts into one, reduce their interest rates, and stop the harassing phone calls. You may feel as though you are trapped by your debt. If you have any question about our Payday Loan Consolidation Program, contact our debt consolidation team right now.
Our company will hold your hand throughout the entire process.