I've complied a list of all 50 states showing which state's require the company to be licensed by that state, and which one's allow other state's licenses.
** This is just preliminary *** There may be changes to it.
States that require internet based pdl's to be licensed by that state:
Alabama
Alaska
Arizona
California
Colorado
DC
Deleware
Florida
Hawaii
Idaho
Illinois
Indiana
Kansas
Kentucky
Lousiana
Maine
Michigan
Minnesota
Please see THIS LINK for changes in the MN law, updated on 7/7/2009 by Shazzers.
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Mexico
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania (See article on the last page)
South Carolina
South Dakota
Texas
Utah
Washington
Wisconsin - If the online company solicited you
Wyoming
In the above states the internet payday loan company must be licensed by that state and follow that state's laws.
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AMERILOAN
500 Fast Cash
MY cash Now
Pay DAY MAX
Pay DAy One
Integrity
Kenwood Services
Cash Advance Network
I am trying to send them a letter to close my accounts. I still have paid nothing to Kenwood and Cash Advance Network and need to pay principal. What is best way to do that?
I replied at the link below:
http://www.debtconsolidationcare.com/forums/showthread.php?t=52748
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
I need to sleep. I need to get on with my life. I need to get out of payday loan debt. I have just contacted Langhorne (via internet) - got message they will call me tomorrow. Has anyone worked with them - Can they help? Are they legit?
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Before you commit to hiring Langhorn, make sure you find out whether your payday loans are licensed because unlicensed lenders usually won't work with debt programs or ANYone.
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
Goudah2424 - in reference to your post: In the following states internet payday lenders are not legal, either because of restrictive laws, or because the state does not license companies not located in that state, but requires a state issued license to lend.
Connecticut
Georgia
Iowa
Maryland
Massachucetts
New Jersey
New York
North Carolina
Vermont
Virginia
West Virginia
I live in the state of Connecticut and have a payday loan which I am receiving collection calls. If internet payday loans are prohibited in the state of CT, how can I inform this lender of such?
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Connecticut
Georgia
Iowa
Maryland
Massachucetts
New Jersey
New York
North Carolina
Vermont
Virginia
West Virginia
I live in the state of Connecticut and have a payday loan which I am receiving collection calls. If internet payday loans are prohibited in the state of CT, how can I inform this lender of such?
CLICK HERE to find out how to deal with illegal lenders.
Click the link below to read your payday loan laws.
http://www.paydayloaninfo.org/stateinfo/CT.asp
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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Hello,
I'm in Florida and was wondering where you state PDL's are illegal but CSO's are legal. How can you tell when you've taken an internet PDL whether or not they PDL or CSO? Also, has anyone ever heard of a gentleman by the name of Frank Otto with United Capital? He has called my place of employment regarding Payday Loan Yes.
Thanks!
Donna
I am in default on one loan from mydayloan.com. I live in sc. How long will it take for them to take action to get me for a bad check law?
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I tried to go that route. You have to set up a savings acct. and have enough money in the account to pay when they settle the debt. It didn't work out for me at all. I was consufed as to how it all worked and misunderstood that the fee they were taking out monthly was not getting me anywhere but paying them and not paying down my loans at all. If you are disciplined enough to save the amount they tell you to every month, maybe it will work for you. But, if you could save money every month you probably wouldn't be in this situation. That was my problem..........trying to save money when needing every penny to pay car loans, rent and food and clothes and gas was hard enough.
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Is Cash Central a licensed pdl company???
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Credits: 158150.9 Send message to Shazzers
Quote:
It depends on the state you are in.
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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