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Payday lenders move online, try to bypass state laws

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PostPosted: Wed Jan 10, 2007 1:05 am Subject: Payday lenders move online, try to bypass state laws

Read the article published by ConsumerAffairs.com

consumeraffairs.com/news04/2006/11/wv_payday_lenders.html

(it won't allow me to post a link Sad hey I'm not a spammer Wink )

I am quoting some portions:



Also scroll down the page I mentioned, there is a link to a complaint form. Use this if you have something to say. All the best community Very Happy

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PostPosted: Wed Jan 10, 2007 1:49 am Subject:

Too bad most state AG's offices wouldn't agree that the transaction takes place in the LENDER's state..It takes place where the LENDER resides.
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