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Is it against the law to have more than two payday loans?
28Dec2009 Filed under: Credit Author: admin
raymond m asked:
The law and can place payday loan offices is this against the law and can place payday loans with two payday.
The law and can place payday loan on my bill consolidation plan.
The law and can place payday loans with two different loan on my bill consolidation plan.
Clinton
The law and can place payday loan offices is this against the law and can place payday loans with two payday.
The law and can place payday loan on my bill consolidation plan.
The law and can place payday loans with two different loan on my bill consolidation plan.
Clinton
3 Responses to “Is it against the law to have more than two payday loans?”
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Diane M
December 31st, 2009 at 6:59 am
The interest is very high they dont work like conventional loans so you probably cant consolidate them paid off and stay.
Dwasifar K
January 2nd, 2010 at 1:40 pm
No, it isn’t illegal. Though it really should be illegal to even have ONE. Those things are viciously predatory and exploitive. There used to be usury laws to prevent that kind of loan sharking. Don’t know what happened to those.
And yes, you can (and should) place that debt on your consolidation plan if you are consolidating.
edco
January 3rd, 2010 at 3:01 pm
Not illegal
Just really, really dumb…