I took out a $2300 payday loan about a year ago and I have been paying $215/month service fee and I am no longer able to pay the service fee. I stopped paying the service fee approximately 2 months ago and needless to say they are calling me endlessly. I know it was stupid but I really needed the money at the time. As you can see I have paid $2150 in service fee and still owe the original loan for $2300. My question is what happenns if I cant or dont want to pay any further. Can they garnish my paycheck, etc??
Joya