NC PDL Laws

GRC is not licensed in IL.so you only owe them 50.00 dollars.you should close your current bank account and open a new one.GRC will debit forever if allowed to.stop there access to your money and take back control.

Dena,

1-800-351-8820 during regular business hours.

Hope that helps.

I owe a loan to GRC and cannot get in touch with them and I wanted to know if they can really do business in california. I borrowed $500 and they want me to pay more after they already have been taking $150 every other week for 2 months.

USFastCash and OneClickCash are the only 2, are they legal in NC


I had 2 payday Loans about 2 years ago. I am disable and get a social security check I live in North Carolina. any ways I opened up a new bank acct . at another bank cause I was going to change banks, I call the loan place and gave them the new bank name and acct, number , well i changed my mind about changing banks a week later and did not transfer my s.s.i there, So I had forgot all about it, I had moved. now they called me asking for the money and clam to have charges on me , A guy with very bad English called me and told me that I had to be in court Monday morning in California, I live in NC. I never heard of such,the amount borrowed was $200.00 with all the fees it totaled up to $545.00 . They said im going to jail ON 3 CHARGES, and that my social security check will be stop. Can they do that? He clams to be a atty. but business was bad and bad English. The guy said I know you have a bank acct and I know the name of it. Please tell them they cant stop my disability payment HELP, Im going to go to to a lawyer about filling bankruptcy. What do I do.. ps i had a small tape recorder and i recorded him making threats.

I just found out something i was able to log on to the two acct.
USFastCash and OneClickCash and the Reference Information had been changed and I have proff. lol i

i am from nc and i went to sc to a storefront pdl and got two loans from two companies. if i cant pay them back will i go to jail? what can they do to me?

I have seen a member in this same situation before. First off, PDLs are prohibited in NC. So I am unsure how they lent to a NC resident. If they review your application and discover your residency at the time the loan was originated, that may be unfavorable for you. Jail I doubt highly! Definately call your states Dept of Financial Institutions to clarify this for further guidance.

My guess is being that you pursued the loan yourself and they did not solicit you, then you are obligated to repay the storefronts in SC to include fees. PDLs in SC are Legal. But that is just my guess. Others will be along to offer more advice.

What are the names of the storefront loans? Are the loans past due? If they are CFSA members then you can request a repayment plan.

With regards to storefront loans, the regulations of the stores location are what is followed. The banning of PDL's in NC and GA has been a boom for both internet lenders and neighboring states lenders as the residents of these states still have a need to borrow, but now have to go online or drive across state lines. There is one state that created a roadblock to this and I believe that it is WV. If memory serve me correct, they stipulated that it is not illegal to loan to thier residents, but is not permissable to call or enter the state to collect a PDL.

Exactly what I am implying. If it came down to the courtroom then the PDL may have the upper hand in this situation being Ablet pursued the loan.

Ablet may be responsible for the loans with fees included. She needs to call NC DFI and also SC DFI to get more valid information. I am no lawyer

I will try to find the other post where there was an outcome of the former member in the same situation.

You lost me!!

Unless something just changed in SC on this last go around, they are responsible for the loan and fees. The OP will not go to jail, but can be sued in small claims of the company chooses to do so.

I am 99% positive on the WV deal and there may be one way out west.

huh?? That is what I said in the 4 posts above. How did you get lost..LOL!

Ok, we are both saying the same thing and confusing each other!! You lost me when you started talking about the DFI's and lawyer...

I gotcha now!

LOL. No problem.


Well I hope they get it taken care of and comes back to update.