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Posted: Tue Sep 30, 2008 8:32 am Subject: Is One Click Cash legal in Delaware? |
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Is One Click Cash legal in Delaware? I had a loan of $300.00 have paid $360.00 in fees without touching the principal. I am hoping to get them to settle with me. Any suggestions???
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Peg
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Debtcc Points: 100
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Posted: Tue Sep 30, 2008 9:07 am Subject: |
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Delaware requires a lender be licensed in your state, I browsed through the data base and couldn't find a license on them. Click the link below for the licensee data base for Delaware.
http://banking.delaware.gov/information/nondepsearch.shtml
| Quote: | Delaware State Information
Legal Status: Permitted under small loan act or licensing law - Legal
Citation:
Del. Code Ann. Tit. 5 ยง 2227 et seq.
Loan Terms:
Maximum Loan Amount: $500
Loan Term: Max: 60 days
Maximum Finance Rate and Fees: Not Specified
Finance Charge for 14-day $100 loan: No Limit
apr for 14-day $100 loan: No Limit
Debt Limits:
Maximum Number of Outstanding Loans at One Time: Not Specified ($1000 aggregate loans outstanding to all licensees)
Rollovers Permitted: Four (rollovers)
Cooling-off Period:
Repayment Plan:
Collection Limits:
Collection Fees:
Criminal Action:
Where to Complain, Get Information:
Regulator: Delaware Office of the State Bank Commissioner
Address: 555 E. Loockerman Street Suite 210 Dover DE 19901
Phone: (302) 739-4235
Fax: (302) 739-3609
Regulatory Contact: , Administrator, Non-Depository Institutions and Compliance
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Shazzers
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Posted: Tue Sep 30, 2008 9:40 am Subject: |
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Delaware is the home of more PDLs than any other state due to there lax laws. Most of these lenders only have a mail drop there but that is where they are licensed. One Click Cash operates under several DBAs. It is really hard to check them out. There are many on the forums who have dealt with them who may be able to provide information.
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frogpatch
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Shazzers
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Posted: Tue Sep 30, 2008 1:25 pm Subject: |
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Put this address in the search box above 2207 Concorde Pike Wilmington. Page after page of different PDLS will all have the same address. It is Mail Boxes Etc
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frogpatch
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