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500fastcash

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PostPosted: Mon Sep 29, 2008 5:38 pm Subject: 500fastcash

Has anyone dealt with this company?? I think they are illegal here in Arizona but not sure where to find out this information. Any help would be greatly appreciated!!
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PostPosted: Tue Sep 30, 2008 12:00 am Subject:

500fastcash is illegal in Arizona because it is not licensed in that state. According to pdl laws regarding internet pdl companies, a pdl company needs to be licensed in Arizona in order to legally lend there. You can go through the following thread for a better idea: -

Internet Lending in all 50 states

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PostPosted: Tue Sep 30, 2008 6:05 pm Subject:

how do you find if they are licensed?
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PostPosted: Tue Sep 30, 2008 6:09 pm Subject:

500fast cash isn't licensed to lend in any state, probably not even their own state.
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ILLINOIS LICENSE SEARCH / CONSUMER CREDIT / GUIDE TO PAYDAY LOANS
http://www.idfpr.com/dfi/ccd/ccd_licensees.asp

ILLINOIS PAYDAY LOAN LAWS
http://www.paydayloaninfo.org/state_detail.cfm?id=IL

WISCONSIN PAYDAY LOAN LAWS
http://www.paydayloaninfo.org/state_detail.cfm?id=WI

WISCONSIN LICENSE SEARCH
http://www.wdfi.org/fi/lfs/licensee%5Flists/
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PostPosted: Tue Sep 30, 2008 7:17 pm Subject:

I have paid back half my loan of $300 and then defaulted since I heard that they will keep taking money even after the loan is paid off. Any advice? I changed my bank account number so they can't pull any more money.
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PostPosted: Tue Sep 30, 2008 8:06 pm Subject:

You can follow as said here: -
What to do after closing account

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PostPosted: Tue Sep 30, 2008 9:36 pm Subject:

Do you think I could just send this via email? I did already fill out a complaint with FTC.
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PostPosted: Wed Oct 01, 2008 5:20 am Subject:

It is best to send a letter by certified mail.
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