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FastBucksNow and Nationwide Cash

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PostPosted: Tue Jun 24, 2008 7:15 am Subject: FastBucksNow and Nationwide Cash

Hi
I am in Illinois and have two payday loans out. I went to the Illinois site to see if they were legal, but not sure how to find them. Do I looking under Banks and Trusts? So maybe someone here knows if they are legal or not. The first one is FastBucksNow, who have changed their name to paydayflash. (There is a FastBucks who is with the BBB so maybe there was confusion and they changed their name, who knows) The other one is Nationwide and I think they dba Ambassador. I want to send cd letters, but need to find out first if they're legal.
Thank you

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PostPosted: Tue Jun 24, 2008 7:43 am Subject:

You wouldn't look under banks & trusts, because they are not a bank.

Go to this link:

http://www.idfpr.com/dfi/LicenseeSearch/frmSearchLicensees.asp

It will let you search the IL database. Just be careful, sometimes they are licensed under a corporate name, or a name slightly different then what you are searching for, so you don't see their license when they do have one.

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PostPosted: Tue Jun 24, 2008 7:45 am Subject:

Hi Guest.....

This article may be of some interest to you. Although it does not answer your question, its
still relevant.

http://www.chicagotribune.com/business/chi-mon-payday-borrowers-may12, 0,2759814.story

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