KyeGrisham
Anonymous
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Sub: #1 Texas CSO
Replied on 02-23-2010, 07:13 PM
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I thought i would throw this in here. Just started as part of this communitiy and researching loans in my state i stumbled across this.

www. paydayloanlegislation.com/

Check out texas

Funny thing is at the end, the links go to CSO to become a member and start learning how to take advantage of others.




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Sub: #2
Replied on 02-23-2010, 09:03 PM
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Boy, that sure is a chintzy looking web site, I'm willing to bet it was created by some payday loan owner/employer, most of the payday loan employees who post here use poor spelling and grammar.





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Sub: #3
Replied on 02-23-2010, 09:05 PM
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CSO's are basically former payday lenders who found a loophole. As a Credit Service Organization they aren't regulated, they are only required to register with the secretary of state. It's totally ridiculous!


Texas Holdem
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Sub: #4
Replied on 02-24-2010, 12:03 AM
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Ridiculous or not, they are perfectly legal in both Texas and Maryland.




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Sub: #5
Replied on 02-24-2010, 08:19 AM
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Quote:
Originally Posted by Anonymous View Post
Ridiculous or not, they are perfectly legal in both Texas and Maryland.
I never said they weren't.





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