California questions

I was offered a loan via the web last year for $2600 payable in 26 installments of $208. This was from a payday loan firm I had used in the past. is this considered a "payday" loan - if so, what are the ramifications in as much as it exceeds the $300 California limit?
I have one other pdl through Redstone for $400, again isn't the California limit $300?

It's easy to get a loan that's bigger than the $300 limit via the internet in California. I know, I did it several times. That doesn't mean these loans are legal, however.
Go to the Dept of Corporations website (click California.gov to get there). Check to see if these loan places have a license in the state. If they don't, they are illegal and all we advocate paying back is the principal (what you actually borrowed, minus the interest). If they give you grief, and they probably will, immediately file a report with the Dept of Corporations.

Lending of pdl is considered legal in the state of California. You can contact with the California Department of Corporations in order to know whether or not pdl companies are licensed to operate in your state. If you find that they are licensed, then you will have to pay the principal amount with interest. Otherwise, you will be liable only for principal amount. If you have already paid more than the principal amount to the illegal lenders, then you can ask them for the refund. I hope the following link may help you in this regard:
http://www.debtconsolidationcare.com...pdls-laws.html