confused - Blue King Loans in Colorado? (A on BBB)

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confused in CO

Sub: confused - Blue King Loans in Colorado?

Mon, 10/15/2012 - 13:41

Hi - I'm confused about the loan I have out with Blue King (a tribal lender). It was an internet loan for $400. So far I have made two interest payments of $106 each for a total of $212 paid.

I live in Colorado and I know that a lender must be licensed in Colorado for a payday loan here to be legal. How do I find out if Blue King is licensed in CO? Any tips and tricks for dealing with them? I fully intend to repay the principal of the loan.

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SOAPLADY
LYNNINMN@AOL.COM

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Sub: #1 Tribal lenders are never licensed....they all illegal.Mon, 10/15/2012 - 13:41

Tribal lenders are never licensed....they all illegal.

How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com...allenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.

SOL for all states
http://www.debtconsolidationcare.com...imitation.html

Patti

Sub: #2 I found out they are illegalMon, 12/17/2012 - 17:02

I found out they are illegal

I found out they are illegal in PA too....I took a loan for 600.00 and so far have paid 3 pymts of 159 JUST on interest.......then they tell me i will be paying 219 a pay until loan is paid; this is a crime!!!
What do we do about it and do we have to continue paying these scam artists????

HelpinAZ
karens417@hotmail.com