Legal Question in Credit and Debt Law in Florida

I have several payday loans which I have had to default on. I am scared that I am going to be sued or wages garnished. I am willing to pay them off but cannot afford amounts the lenders want. As long as I make payments on same am I ok or what are my options? What should I tell lenders when they call? Thank you


Asked on 5/15/11, 8:25 am

1 Answer from Attorneys
Angelo Marino Angelo Marino Jr. PA

Try to work out a payment plan, but they will probably not agree. Never tell them about your assets or income. See a consumer lawyer in your area to see if they charged you above the law on the interest. Go to NACA website for consumer lawyers.

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Answered on 5/18/11, 1:05 pm


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