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I applied for a payday loan and have gotten 50 calls ,but 1 company called and said that I was approved for 3000.00 but will have to send them 150.00 thru a pre paid credit card and they will deposit my money in my acct.and I will pay 140.00 a month for 24 mos. Do you have any history or input on this situation
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Criminal Defense Attorney serving Toms River, NJ
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Edward J. Dimon
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i would avoid a payday loan. the contract that you must sign with the company providing the payday loan is heavily weighed in favor of the company. if you miss a payment, the penalties are significant. the interest rates can escalate. ed dimon, esq.
Answered on Jul 01st, 2013 at 10:56 AM