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 Posted: Mon Jan 21, 2008 11:18 am Subject: Paydaymax.com
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Does anyone know if Paydaymax.com or known as Payday Max is licensed in WI?
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twofast4u12
Joined: 29 Aug 2007
Posts: 10
Debtcc Points: 328
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Posted: Mon Jan 21, 2008 11:23 am Subject:
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they are not even in this country.
This is taken from their website
JURISDICTION. The transactions related to loans will be deemed to have taken place in the offices of PayDayMax.com Inc.® and according to the laws of Grenada, regardless of where you may be viewing or accessing this site.
Even this statement is incorrect. Laws goi according to where you are, noyt where the pdl is located.
These guys are highly illegal
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kashzan
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Joined: 11 Jul 2007
Posts: 5463
Debtcc Points: 38905
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Posted: Mon Jan 21, 2008 11:32 am Subject:
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That's what I thought, but I wanted to make sure, thanks so much for the info! Do you know for sure about CASHNETUSA? I'm thinking that they are, but wanted to make sure.
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twofast4u12
Joined: 29 Aug 2007
Posts: 10
Debtcc Points: 328
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Posted: Mon Jan 21, 2008 11:33 am Subject:
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Legal
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kashzan
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Posts: 5463
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Posted: Mon Jan 21, 2008 11:33 am Subject:
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I've been told that cashnetusa is a CSO, and therefore gets around the payday loan laws. They are legal in Florida, not sure about WI, but I am assuming ( I know, I know) they are legal in WI.
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tiffer0220
Joined: 14 Jan 2008
Posts: 89
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Posted: Mon Jan 21, 2008 11:35 am Subject:
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cashnet is a CSO in states that they need to be like FL and TX...not all.
The WI DFI has Cashnetusa listed as legal.
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volleyballmom
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Joined: 27 Aug 2007
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Posted: Mon Jan 21, 2008 11:36 am Subject:
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Thanks, I wasn't aware of that... What a bunch of sneaky lil &*(&^%% LOL
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tiffer0220
Joined: 14 Jan 2008
Posts: 89
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Posted: Mon Jan 21, 2008 11:37 am Subject:
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very much so!
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volleyballmom
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Posted: Mon Jan 21, 2008 11:38 am Subject:
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I may be mistaken(HA HA), but i think that they are legal most everywhere.
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kashzan
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Posts: 5463
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Posted: Mon Jan 21, 2008 11:41 am Subject:
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yes, they are...either by way of acting as a PDL or a CSO..whatever the state requirement is.
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volleyballmom
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Posted: Mon Jan 21, 2008 11:59 am Subject:
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Thank you all! I figured they were, just hoping that they were not! One can hope right?!?!? :O)
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twofast4u12
Joined: 29 Aug 2007
Posts: 10
Debtcc Points: 328
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