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01-12-2007, 07:02 AM
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Member
Join Date: Sep 2006
Posts: 171
Credits: 3,470
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Sub:
Taki2U, I don't live in Oklahoma, I live in Texas. This letter is telling Rio Resources that they can not do loans, No Loans to anyone. Rio is in Oklahoma. It is illegal for them to loan to ANYONE per Oklahoma Department of Consumer Credit. We are all covered on this one.
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01-12-2007, 08:10 AM
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Guest
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Sub:
Taki2u, if you live in Maryland, pdls are already prohibited. You also need to file a complaint with the MD AG's office to let them know that these ipdls are conducting business with consumers of your state.
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01-12-2007, 08:14 AM
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Junior Member
Join Date: Nov 2006
Posts: 18
Credits: 747
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Sub:
Rio Resources
I live in Minnesota and have a pay day loan that is in default with them does this mean I don't have to pay it back? I'm thinking it does because when I've tried to contact them it comes back as undeliverable! yeah!!! one down 4 to go!
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01-12-2007, 10:17 AM
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Guest
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Sub:
that is so great!
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01-13-2007, 08:34 AM
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Guest
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Sub:
so thats great i have a laon with amerilaon, so i dont have to worry about them comming after me they are a part of rio? i can actually rest on at least one, i had a loan with timber hill investment for 300 plus 300 two loans they are paid in full i really deserve a refund but i will just be glad not to give them any more money just go on with my life. i will definitely think and budget hard before i get into this again but at the time i needed it and they were there.
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01-15-2007, 09:39 AM
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Senior Member
Join Date: Aug 2006
Posts: 5,298
Credits: 71,532
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Sub:
There is usually a form you will complete. In it you will describe the issue. You will need to find your state's pdl laws and describe your issue with the company and how they are violating the state's pdl law (not licensed, permitting roll overs when maybe the law prohibits them), let them know how much the original loan was for and how much you have paid to date and if you have already paid the principal and legal interest rate in roll over fees, state in your complaint you want the loan to be marked paid in full. Also describe any correspondance you have had with the company, if they were making threats, if you have e-mails from them with threats, send copies of those with the complaint.
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