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Signature Loans What is the law regarding loans signature? I have 2 loans and 2 signature payday loans. (I know stupid mistake!) Well now, the first payment is due upon signing the loan 2nd. The signing of the loan first time I paid on time since January! My dilemma is, I'm broke and Just Got Paid. Payments are due this week signing! What if the law on these loans? I have dwelt more and nobody to blame but myself! I have no one to borrow money from! So I think what Larry is trying to say is pay the first payday. Go to the bank, explain your situation, they can do something to help. If you had a good representative at the bank they will try their best to arrange things with you! From a lawyer. In very short-term loans such as payday loans, the lender will file a criminal complaint of fraud and they stop. They are bad news with a capital B. Well simply pay a small amount on each loan due now and work on getting them paid as soon as possible. Until they get money, they will not charge. Posted on April 12, 2011.
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