Is mypaydayloan.com licensed to lend in TN ?

I have a friend who took out a pay day loan online @ mypaydayloan.com . Are they licensed to lend in Tennessee or are they an illegal pay day loan company?

that's tricky mobile,you see TN is what i call one of those states.meaning if they have a license anywhere in the US then you have to follow the laws of the state of license.PA is this way as well.personally i think it suxx,but if they have a license to lend then you go by those laws.

How can I see if they even have a license to lend at all ? I know a lot of internet lenders are illegal and are oversees and don`t even have a license to do business in the US let alone Tennessee.

my computer is limited here.if you go to the TN AG site or the dept of financial institutions page for TN they should be able to tell you if they are licensed at all.

They aren't licensed to lend anywhere.

MyPaydayLoan.com Illegal/Unlicensed company!
Centro Colon, 8 avo piso, Oficina 8-4
San Jose, Costa Rica
Phone: 888-269-2303

all right,like clockwork shazz comes through.

Thanks Shazzers you are awesome despite the fact you are a Ohio State Buckeyes .

Ya just HAD to say it, didn't ya!!

United cash loans, Out Back bucks, Payday one, e pay day loan, pay day loan yes, One click cash, instant pay day cash, ez pay day cash.

i am in pay day hell and i am totally disabled and have been since 1990. please help. i am now closing my bank account and sending a letter to stop the madness. i tried but i can no longer afford the pdl payments and my medicine and house too.


any advice? i know that i screwed up.

Hi Ann Smith,

All your answers are given in the following thread: -
are these pay day lenders (all online) legal in tennessee ?