FAQs

Q: What if I've already paid a lot of money on a predatory loan?

Even if you've made payments, you may still have legal options. We can review your case to determine if the lender violated consumer protection laws and explore options for recovering the money you've overpaid.

Q: I'm being harassed by a lender. Can you help?

Yes. The FDCPA and Texas law prohibit debt collectors from using abusive tactics like making threats, calling at unreasonable hours, or contacting third parties about your debt. We can send a cease and desist letter and take legal action if the harassment continues.

Q: What can the J. Gannon Helstowski Law Firm do to help me with my predatory loan?

We can review your loan, advise you of your rights, help you file complaints with regulatory agencies, negotiate with the lender, and if necessary, pursue legal action to recover damages and stop the predatory practices.

Q: What laws protect me from predatory lending in Texas?

Several laws protect consumers, including the Texas Deceptive Trade Practices Act (DTPA), various chapters of the Texas Finance Code, and federal laws like the Fair Debt Collection Practices Act (FDCPA) and the Truth in Lending Act (TILA). Military members have additional protections under the Servicemembers Civil Relief Act (SCRA) and the Military Lending Act (MLA).

Q: How can I tell if I have a predatory loan?

Warning signs include extremely high interest rates (often in triple digits), large fees, repeated refinancing that doesn't reduce the principal, balloon payments you can't afford, high-pressure sales tactics, and a lack of clear disclosure of loan terms.

Q: What exactly is predatory lending?

Predatory lending refers to unfair or deceptive loan practices that exploit borrowers' vulnerability through excessive interest rates, hidden fees, and other abusive terms.

Get a complimentary personal consultation.

Call us today at (800) 891-6988

Free Phone Consultation

Other Practice Areas

Overview

J. Gannon Helstowski Law Firm

Principal Office

5209 Heritage Ave, Ste 510

Colleyville, TX 76034

(800) 891-6988

FAQs

What if I’ve already paid a lot of money on a predatory loan?

I’m being harassed by a lender. Can you help?

What can the J. Gannon Helstowski Law Firm do to help me with my predatory loan?

What laws protect me from predatory lending in Texas?

How can I tell if I have a predatory loan?

What exactly is predatory lending?

Get a complimentary personal consultation.

Other Practice Areas

Overview

J. Gannon Helstowski Law Firm