 Posted: Mon Apr 28, 2008 10:23 am Subject: Washington State - Can we organize these if I provide 51?
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Subject: RE: Payday Loan Information
Date: Mon, 28 apr 2008 08:54:38 -0700
From: "Leslie, Berri L (DFI)" <BLeslie> Add Mobile Alert
To: "James Rogersen" <james>
Good morning,
Thank you for your question. Yes, to lend money to Washington residents an entity, even out of state, must be licensed.
Berri Leslie, Program Manager
Administration and Licensing
Department of Financial Institutions
Division of Consumer Services
(360) 725-7839
(360) 664-2258 (Fax)
From: James Rogersen ( personal info deleted for your protection -Jason )
Sent: Saturday, April 26, 2008 5:08 PM
To: Bortner, Deb (DFI)
Subject: Payday Loan Information
Good Afternoon,
My name is James Rogersen. I have extensive knowledge about some of the internet lenders preying on Washington consumers. I write extensively about them at usapaydayloan.net. My main question, however, is whether or not it is legal for an out of state licensed payday lender to lend to Washington residents without having a Washington license. A response would be greatly appreciated.
Thank You,
James Rogersen
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james
Joined: 16 Apr 2008
Posts: 114
Debtcc Points: 1408
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