Payday Loan Help in Maryland

I have payday loans and live in Maryland. I contacted the Maryland Office of the Commission of Financial Regulation, Investigative Enforcement Unit, 500 N. Calvert St, Ste 402, Balto., MD 21202, Ph #410 230-6100 to get guidance in dealing w/the PDL companies. What I found out has helped me to sleep at night again. The law in Maryland state that if a PDL company is operating illegally (lending to residents of MD w/o the proper licenses) any monies they have loaned become forfit and this is the office that goes after them to get monies refunded to consumers in Maryland. Anyone who is in PDL hell and is a resident of Maryland, PLEASE don't take my word, contact this office they can HELP!!!

Thank you for posting this.

i agree, this is very helpful information and perhaps it could be included in a sticky somehow?
I wish NJ were to be so kind i just got letters back from the attorney general's office in NJ (mind you i reported my illegal lenders over a year ago!!) and all my useless state said was that they forwarded this to the FTC and to perhaps contact the BBB. some help they are

Thanks for the information. I too currently have some payday loans so I will be contacting the referenced number. They keep calling and threatening me and they know that they are illegal here.

Guest, thanks to this great site and the MD Commission on Financial Regulation, I can sleep at night, too. I've recommended the services of the MD Commission many times here, they are fantastic!

Thanks for the information. I will be calling them as well.

I'm so glad I was able to help, until I spoke with the MD Commission the stress of those PDL's was unbearable. But I would have never found as much information about the PDL world without finding this website, it's truly a blessing to those who are losing hope of ever getting out from under the PDL cycle. Please keep up the excellent work and info.