The attention regarding the “loan”; Texas state legislation caps this at ten dollars per $100.
The CSO Credit Services Organization model comes from a U.S. Fifth Circuit Court of Appeals opinion, in Lovick vs. Rite cash, which held that re payments up to A cso that is registered broker could never be addressed as interest.
Here’s what i discovered for the companies: effect cash – maybe not licensed/legal Paycheck today – perhaps perhaps perhaps not licensed appropriate advance loan Network – perhaps maybe not licensed/legal Loan Shop – not licensed/legal GFS (international economic?) – not licensed/legal BIG – not licensed/legal
Then all of your loans are illegal and you are only responsible for the amount you borrowed, you only owe 2 of them: Impact Cash – owe $30 Loan Shop – owe $20 if my info is correct
Once you shut your bank account I would personally deliver every one of the businesses a cease & desist page revoking your authorization to withdraw from your own account and any wage assignments you might have signed, you can even advise by email/mail only and not to contact your references that you want them to contact you.