09-15-2009, 12:05 PM
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Eastside lenders - important
Can anyone confirm whether or not they are licensed to do business in Delaware? I cannot find anything on them, but one poster said they were legal.
I need this info ASAP because I will be fighting them. Thanks. 
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09-15-2009, 12:10 PM
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they are not.eastside claims because they are located in delaware that the borrower must follow delaware law,but i never could find a license for them.so i take that to mean they are unlicensed,and therefore illegal.
__________________
giving hope to the hopeless,help to the helpless,and hap to the hapless.
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09-15-2009, 09:51 PM
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Definitely NOT legal.
__________________
CLICK HERE To join my Social group, The Payday-Loan-Free Advocates! Online Complaints Ohio Attorney General Online complaints: Federal Trade Commission. Ohio Payday Loan Laws CLICK HERE to find a Creditor
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11-06-2009, 07:44 AM
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East Side Lenders, LLC is licensed to do business in Delaware, likely because of their lax payday lending interest rates.
See the attached from Delaware's Banking Commission http://www.banking.delaware.gov/info...liclenders.pdf
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11-06-2009, 08:19 AM
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Eastside Lenders told me yesterday they are licensed in DE and consider their loans to be origninated in DE and paid in DE which makes them legal in their eyes. I have just started my fight with them so we will see how it goes.
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11-06-2009, 08:21 AM
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them and other illegal pdl's say that all the time.your state laws always prevail over what they say.
__________________
giving hope to the hopeless,help to the helpless,and hap to the hapless.
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11-06-2009, 08:47 AM
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I rechecked Eastside Lender's license status in the DE data base and their license has be reinstated, however, your state law prevails.
__________________
CLICK HERE To join my Social group, The Payday-Loan-Free Advocates! Online Complaints Ohio Attorney General Online complaints: Federal Trade Commission. Ohio Payday Loan Laws CLICK HERE to find a Creditor
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11-06-2009, 08:55 AM
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yep that is true,but they still aren't licensed in alot of states.like mine.
__________________
giving hope to the hopeless,help to the helpless,and hap to the hapless.
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