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 Posted: Sun Mar 30, 2008 6:40 am Subject: payday loans |
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I am having payday loan issues in Ohio, can anyone help?
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beank8
Joined: 30 Mar 2008
Posts: 1
Debtcc Points: 26
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| Posted: Sun Mar 30, 2008 7:04 am Subject: |
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welcome to the forums, you have come to the right spot, there are a few members here from ohio, hopefully one of them will be along to help you soon, hang in there.
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erb1953
Joined: 30 Dec 2007
Posts: 108
Debtcc Points: 1579
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| Posted: Sun Mar 30, 2008 7:08 am Subject: reply |
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first list.
a)all payday loans,including each lender.
b)amounts borrowed
c)total amounts paid back
someone should be along to assist further,once that information is provided.
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paulmergel
Debt Samaritan
Joined: 24 Jun 2007
Posts: 2379
Debtcc Points: 8473
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| Posted: Sun Mar 30, 2008 8:26 am Subject: |
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| Quote: | Ohio State Information
Legal Status: Legal (Applies to check cashers only)
Citation:
Ohio Rev. Code Ann. ยงยง 1315.35 et seq.
Loan Terms:
Maximum Loan Amount: $800
Loan Term: Max: 6 months
Maximum Finance Rate and Fees: $10/$100 + 5% per month
Finance Charge for 14-day $100 loan: $15
APR for 14-day $100 loan: 390%
Debt Limits:
Maximum Number of Outstanding Loans at One Time: One
Rollovers Permitted: None (cannot refinance)
Cooling-off Period:
Repayment Plan:
Collection Limits:
Collection Fees: Bank charges (if disclosed); $20 collection charge; Court Costs; damages
Criminal Action: Not Specified
Where to Complain, Get Information:
Regulator: Ohio Division of Financial Institutions
Address: 77 South High Street, 21st Floor Columbus OH 43215
Phone: (614) 728-8400
Fax:
Regulatory Contact: Robert M. Grieser,, Deputy Superintendent for Consumer Finance
Regulator Website
Licensee Database
Complaint Instructions
Complaint Form Link
Online Resources:
Consumer Complaint Contacts (Non-Depository Institutions)
Brochure: "Payday Loans" |
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kashzan
Debt Samaritan
Joined: 11 Jul 2007
Posts: 5463
Debtcc Points: 38905
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