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Maryland % cap

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PostPosted: Wed Jan 03, 2007 7:06 am Subject: Maryland % cap

Thank you all for your advice. My state is Maryland and I do not know what the % cap is. Any help out there?
And who can I use to consolidate all these payday loans. They are my only debt

taki2u



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PostPosted: Wed Jan 03, 2007 12:37 pm Subject:

Taki2u, Payday lending is prohibited in the state of Maryland. This website will provide you more information paydayloaninfo.org. What company or companies are you dealing with?
bdouble
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PostPosted: Wed Jan 03, 2007 12:56 pm Subject: to bdouble

really?? No lending at all......hmmmm
So there are 9 total
Cash Supply
Arrowhead
MTE or 10 dollar payday
Epayday
GFSIL
Interim Cash
Speedy
Tremont
AIP

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PostPosted: Wed Jan 03, 2007 12:59 pm Subject:

Tremont does put a wage assigment clause in their contracts. Be sure you send out a wage assignment revocation letter asap. It doesn't have to be fancy, just say that you revoke any and all wage assignments you may have signed. Send it certified mail, and keep a copy in case they still try to assign your wages.

AIP will work with you, it just takes a lot to ge them to that point. If you keep at them they will finally give in.

goudah2424
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PostPosted: Wed Jan 03, 2007 1:27 pm Subject: goudah2424

Thanks goudah2424, I am sending the letter today.
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PostPosted: Wed Jan 03, 2007 1:42 pm Subject:

I am dealing with Cash Suoply and MTE Financial from your list. Cash Supply seems to be easier to deal with since payday lending is illegal in my state. MTE, now that is a different story, I had to file a compliant with the State's AG office and the FTC since they were calling me after 9 at night.
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