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 Posted: Thu Jun 12, 2008 7:56 am Subject: does anyone have any information about PDL in maryland |
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i keep searching online and its not giving me anything...can someone help me to see if there is any law in maryland about pay loans
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| Posted: Thu Jun 12, 2008 7:59 am Subject: |
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Here is your law for Maryland:
| Quote: | Maryland State Information
Legal Status: Prohibited
Citation:
Consumer loan act applies. Md. Code Ann. Com. Law II § 12-301 et seq.
Small Loan Rate Cap
2.75% per month; 33% per year.
Where to Complain, Get Information:
Regulator: Maryland Commissioner of Financial Regulation
Address: 500 North Calvert Street Suite 402 Baltimore MD 21202
Phone: (410) 230-6100
Fax: (410) 333-3866
Regulatory Contact: Michael Jackson Director, Regulatory Policy
Regulator’s Website
Complaint Form
Complaint Instructions
Online Resources:
Consumer Credit - Publications
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Please post the following info, and we'll do our best to help you through this situation:
-name of all payday lenders you are dealing with
-whether they are internet or storefront lenders
-how much you borrowed from each
-how much you have repaid each one (including any fees and interest)
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SUEBEEHONEY70
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| Posted: Thu Jun 12, 2008 9:55 am Subject: |
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so all payday loans that ive paid back in the last year and half they collected my money illegally.....ive put out thousands of dollars to pay them off....and it was more than the pay loan itself....so could i collect that money back or just take it as a lost...
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| Posted: Thu Jun 12, 2008 10:24 am Subject: |
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first and foremost, you need to post the info requested in my post above - that way we can help you determine how to go about getting your accounts with the payday lenders marked as paid in full, and possibly get refunds. It depends on the company whether you'll get a refund or not - some of them will if you push hard enough, some won't.
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SUEBEEHONEY70
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| Posted: Thu Jun 12, 2008 10:58 am Subject: |
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Cash Today paid in full $1000
Ambassador paid in full--$500
cash by tomorrow paid in full $195
instant cash paid in full $225
premier paid in full--$500
I have to get more info for them....
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