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Sub: #177 Great Sky/Financial Solutions addy
Replied on 10-29-2010, 03:57 AM
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Great Sky/Financial Solutions, LLC
PO box 358
Timberlake, SD 57656

Taken from their paperwork dated Oct. 24, 2010.

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Sub: #178 letter help
Replied on 10-14-2011, 08:45 AM
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In regards to the templates provided, with me being from Tennessee and the laws below, how would I go about adding this to my letter? I have spoken to the TDFI and they stated that they are not licensed in our state and they are just now starting to get calls about these companies. They are trying to get addresses so they can confront them and let them know if they don't want to follow our laws they need to stop lending to Tennessee residents.


Tennessee State Information

Legal Status: Legal

Citation: Tenn. Code Ann. §45-17-101 et seq.

Loan Terms: Maximum Loan Amount: $500 Loan Term: Max: 31 days Maximum Finance Rate and Fees: the lesser of 15% of the check or $30 Finance Charge for 14-day $100 loan: $17.65 apr for 14-day $100 loan: 459%

Debt Limits: Maximum Number of Outstanding Loans at One Time: 3 (2 per licensee) Rollovers Permitted: None (cannot renew or otherwise consolidate) Cooling-off Period: Repayment Plan:

Collection Limits: Collection Fees: One $30 NSF Fee; Court Costs Criminal Action: Prohibited

Where to Complain, Get Information: Regulator: Tennessee Department of Financial Institutions Address: 511 Union Street, Suite 400 Nashville TN 37219 Phone: (615) 741-2236 Fax: (615) 532-1018 Regulatory Contact: Bart Daughdrill,




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* Disclosures:
  • By signing up for counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
  • Some creditors and collection agencies refuse to lower the pay off amount, interest rate, and fees owed by the consumer.
  • Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
  • Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
  • The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
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