More details to this question:
I had taken out a payday loan and have been paying on it for awhile now the original loan was for 600 and as to date i have paid back 1090.00 in fees and on the loan itself and want to know if there is anything legal i could do to stop paying more in since i already paid almost twice the loan amount
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So, it may be that you still owe a balance. But, unless you want to sue them, which will actually cost you money, there is nothing to do but cease payment. The creditor can then sue you.
Answered on Jan 25th, 2013 at 12:04 PM
2 Awards
Your only option is to file bankruptcy.
Answered on Jan 24th, 2013 at 3:27 PM