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08-24-2009, 09:52 AM
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Junior Member
Join Date: Nov 2007
Posts: 11
Credits: 404
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Sub:
Natiowide Cash in Iowa
Well, after clearing up all of my payday loans, I stupidly took out another.
I'm trying to find out if Nationwide Cash is licensed in Iowa. I have looked at the Iowa Bank website (linked form this site) and they are not listed, but I'm not sure if they are a dba. The way I read the Iowa law, they need to be licensed in Iowa (not Delaware as stated on their website), correct? Even if they are licensed, they are overcharging by a substantial amount. Thanks. 
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08-24-2009, 10:06 AM
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Sub:
In Iowa 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. No, they aren't a licensed lender, and they are ruthless! CLICK HERE to find out how to deal with illegal lenders.
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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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08-24-2009, 10:59 AM
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Join Date: Jan 2009
Posts: 738
Credits: 4,820
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Is this storefront or internet? There is a small chain in central Iowa that is licensed. All internet lenders are unlicensed in Iowa.
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