If We place a stop-payment on a check, so what can the loan that is payday do?

If We place a stop-payment on a check, so what can the loan that is payday do?

We reside in Ca and took away a loan that is payday of300. I am having a hard time having to pay the mortgage because of crisis. We have lease, vehicle as well as other bills that I must spend plus look after 2 men. Into the state of Ca, if we place an end re re payment in the check, exactly what can the pay day loan business called Ca Check Cashing shop do? Might it be a fraudulence to complete a end payment, I simply do not have cash to cover these NSF charges. We reside paycheck to paycheck! Please advise!

These little loans, also called “cash advance payday loans,” “check advance loans,” or “deferred deposit check loans,” are a definite regular pitfall for customers. (more…)