National Cash Lenders Legal in Tennessee?

Post New Thread
Posts: 1
Credits: 153


Send message to knoellev
Sub: #1 National Cash Lenders Legal in Tennessee?
Replied on 11-05-2011, 10:06 AM
Reply With Quote

Hello,
I have a Payday Loan that I am trying to find out if they are legal or illegal in the state of Tennessee?
National Cash Lenders
Loan: $300
Paid: $150
Thank you to all that can help!!

Sub: #2
Replied on 11-06-2011, 06:47 PM
Reply With Quote

You need to contact the Tennessee Department of Financial Institutions in order to find out whether or not National Cash Lenders are licensed to operate in your state.




Posts: 12,892
Credits: 116,398


Send message to SOAPLADY
Sub: #3
Replied on 11-06-2011, 07:40 PM
Reply With Quote

Well I found this on their webpage which make me think they are illegal...
Quote:
DISCLOSURE NOTICE: This service and website does not constitute solicitation to provide short term/ payday loans/ cash advance loans. The application is for a matter of convenience and is not an offer to make a loan. Payday loans, cash advance service or fast cash loans may or may not be available in your particular state. We are a Delaware based lender. If you submit this loan application to us, we will receive and process it, the same as if you submitted it to us in person. We only make loans through our operations in Delaware. If we approve your application, the funds will be disbursed from our account in Delaware. Our loans are governed by Delaware law. Delaware consumer loan agreements may differ from the laws of the state where you reside. Applicant is responsible for complying with all statutory obligations regarding obtaining loans by internet that may exist in their state of residence. If it is not your intent to enter into a loan agreement subject to Delaware law, you should apply for this loan with a lender located in the state where you live.


__________________
How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com...allenders.html
SOL for all states
http://www.debtconsolidationcare.com...imitation.html

Posts: 129
Credits: 1,855


Send message to sandra.nelson15
Sub: #4
Replied on 11-07-2011, 12:59 AM
Reply With Quote

The contact detail of the Tennessee Department of Financial Institutions is as follows:
# Address - 511 Union Street, Suite 400 Nashville TN 37219
# Phone - (615) 741-2236
# Fax - (615) 532-1018

If you find that they are not licensed in your state, then you may go through the following link:
http://www.debtconsolidationcare.com...-dealings.html




Thread Tools
Display Modes

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump



All times are GMT -8. The time now is 06:26 AM.






* Disclosures:
  • By signing up for counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
  • Some creditors and collection agencies refuse to lower the pay off amount, interest rate, and fees owed by the consumer.
  • Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
  • Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
  • The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
Page loaded in 0.049 seconds.