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Florida Cash Advance. We reside in Florida, may I be charged with theft by check?

I have to resolve my payday advances.

the business is saying that we owe $6,000 if the original quantity had been only $300.

I utilized Langhorne Debt methods to resolve my pay day loans, but Summit Group LLC, and CMG team said they don’t really assist them. Now these are generally saying them $6,000 which is 3K per loan that I owe. The loan that is original ended up being just $300.

Under Florida legislation, payday loan providers cannot look for to possess a debtor prosecuted for bouncing a check given as protection for a financial loan, therefore if the creditor is threatening to possess you faced with “theft by check” it really is most likely lying so that they can frighten you.

Although payday advances are appropriate in Florida, the total amount of interest as well as other costs they are able to charge to individuals are fairly strictly controlled by state legislation, and so I believe it is very not likely that this loan provider should be able to justify its declare that you borrowed from $6,000 on two loans which started of them costing only $300 each. To read more about payday advances as well as your liberties as being a consumer, you are encouraged by me to go to


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