What happens when a payday loan company gives you a loan for over 36% after the new law was signed in Illinois?

It is illegal to make loans over 36% and they are void as to principal and interest. Unlicensed lenders were making loans over the internet before...

Unverified debt on my account

Tender your 1/3 of the cleaning bill and any other legitimate expenses. Send a certified letter to the three credit bureaus and the furnisher (...

You are being scammed. Provide no information or money. The statute of limitations on this sort of debt is unclear, but it is not more than...

Does IL cap law apply to existing loans?

It does not apply to existing loans.

See a consumer lawyer immediately. Many banks wrongfully deny fraud claims.

Bank account garnishment by debt collector?

The best course of action is to address the judgment. If you were not served and can prove it, the judgment is void and can be vacated at any...

The statutory rate reduction is not retroactive with respect to loans entered into prior to the effective date of the statute. It would apply to a...

Contact a consumer lawyer. Some portions of this are unclear, such as why the card was frozen in the first place. The lawyer will need a...

You can ask, but a credit card is often issued without a signed application or agreement, and it is not likely that a court will require production...

Can I pay the lender and not the repo company

You can call the lender and try to work something about, but you will ultimately have to pay both.