Thread: Payday loans
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Old 12-05-2009, 01:47 AM   #4
illiniastibly

Join Date
Oct 2005
Posts
400
Senior Member
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I think they have their butts covered with this business of me signing 6-7 papers real fast, they call in "flipping the loan" or something like that. They have about 10 checks made out to me for 200.00 each that I handed right back to them. I only got 200 from them one time and have paid them back 1200, by "flipping the loan". So if we go to court, it will look like they have lent me over 2K but then why are they in possession of the checks made out to me? It was a stupid thing to do. I had to have the money that day, but I could have just gone to my ATM and gotten up to 300.00 and then just paid my bank back the 300.00 plus 35.00 in overdraft fees when I got paid that Thursday.

They prob are just legit enough to have their butts covered because if they are within the confines of the law, a judge has to follow the law.

I called my bank about this a while back. They said they would not honor a check over a year old - so I just don't see how they can sue me for bad checks when they haven't even tried to put it through - because they know they can't put through a check that old.

I am more pissed off about the way this guy talked to me, like Sgt. Carter from Gomer Pyle yelling and screaming, I can't stand that kind of behavior, would rather just be slapped in the face. I can't stand screaming and yelling.
Check them out. Contact the BBB. Maybe they can do something. Maybe not. If they can't or won't do anything then get an atty.....The whole thing smells pretty fishy to me.....
illiniastibly is offline


 

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