10-19-2009, 06:57 AM
|
|||
|
|||
question on legal paydays
If paydayone is legal then doesn't it have to be licensed also in Mn.? I don't see it on the Mn. link you provided. I thought all paydays have to be licensed in Minnesota to be legal. And just to clarify, are these loans illegal? Thank you
oneclickcash, unitedcash, cashadvancenetwork, magnumcash, loanshoponline 
|
|
10-19-2009, 07:02 AM
|
||||
|
||||
|
paydayone could be a CSO(credit service organization).yes all the others are illegal everywhere.
__________________
giving hope to the hopeless,help to the helpless,and hap to the hapless.
|
|
10-19-2009, 07:27 AM
|
|||
|
|||
Thank you so much. I have learned so much from this forum and continue to learn. It has given me strength, encouragement and hope. I sure couldn't have tackled these companies without your advice. I feel like I am getting my life back which I haven't had for years due to this mess.
|
|
10-19-2009, 07:42 AM
|
||||
|
||||
|
If feels good doesn't it? Good luck to you I am confident it will all work out for you.
__________________
PDL Free is Me........I am crossing that finish line and I am not looking back
|
|
10-19-2009, 07:54 AM
|
||||
|
||||
|
I would recheck my contract with PaydayOne, they may be listed as a personal loan lender. If they are listed as a Payday lender you may want to call your DFI at (651) 296-2135 and ask them. I do know of one instance where PaydayOne was NOT licensed to lend in a particular state but I can't remember which state is was so give your DFI a call to be 100% sure, but first look at your contract and see if they are in fact showing they are a payday lender.
__________________
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
|
