05-19-2009, 09:27 AM
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Illegal internet payday loans in Wisconsin
I have several (yes, I fell in the trap)internet loans out and live in Wisconsin. Could anyone help me figure out which ones are legal?
Sign my loan.net payday-loan-yes paycheck today Instant cash Ameriloan PDL/High Country/Rocky Boy My cash Now United cash loans Thanks for all your help! 
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05-19-2009, 09:35 AM
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wow I have some of the same loans -- ever think about consolidation ?
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05-19-2009, 09:51 AM
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All those loans are Illegal. You only owe what you borrowed to these companies. Any fees/renewals you paid on the loan counts towards the principal balance.
The state of WI is horrible about enforcing PDL law, so I suggest you secure your bank account first. Please read THIS for more information. __________________
"We are what we repeatedly do. Excellence, then, is not an act, but a habit." -Aristotle-
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05-19-2009, 10:04 AM
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I used to live in Wisconsin and yes they do have to be licensed but Wisconsin does not have a capy on the interest they can charge. Defianlty do what cool abyss suggests and secure you account. You can find links for Wisconsinin my signature. I dealt with with Ameriloan, mycashnow and United Cash Loans. Ameriloan and UCL tried to make a check and pass it through my account, thank goodness I blocked it. Mycashnow sent me to a nasty collection agency that called me all day and every day at home and work.
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ILLINOIS LICENSE SEARCH / CONSUMER CREDIT / GUIDE TO PAYDAY LOANS http://www.idfpr.com/dfi/ccd/ccd_licensees.asp ILLINOIS PAYDAY LOAN LAWS http://www.paydayloaninfo.org/state_detail.cfm?id=IL WISCONSIN PAYDAY LOAN LAWS http://www.paydayloaninfo.org/state_detail.cfm?id=WI WISCONSIN LICENSE SEARCH http://www.wdfi.org/fi/lfs/licensee%5Flists/
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