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Payday loans question....
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Posted by Mlh (207.8.174.25) on June 18, 2002 at 00:19:15:
I took out a pay day loan back in April, (STUPIDEST MISTAKE EVER), anyway, I called them and said I didn't have the money to pay it when it was due 30 days later in May. They said they could hold it for 13 days which would have been June 1st and then I could keep paying on it until it was paid off. I have not heard anything from them and was wondering if anyone knew anything about how these places worked? This is my first time using their services. Do they have a certain amount of time to collect or contact me or what? I put a stop payment on the check because I knew it wouldn't be in there and the fee for stop payment was cheaper than a fee for NSF. Please help.
Mlh
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