How can I find out the laws in my state about pdl?
Date: Mon, 10/16/2006 - 22:45
how can I find out the laws in my state about pdl I am in a big mess and need help.
Hi Faye, and welcome! Here is the link that will give you info.
Hi Faye, and welcome! Here is the link that will give you info. on OH's pdl laws.http://www.paydayloaninfo.org/ OH doesn't allow roll overs and they only allow $15/$100. I would suggest you sign up as a member, and return often, you will find alot of helpful information regarding how to deal with your pdl situation.
Here are the laws on payday
Here are the laws on payday loans in the state of Ohio.
Quote:
Legal Status: Legal (Applies to check cashers only) Citation: Ohio Rev. Code Ann. ???????? 1315.35 et seq. Loan Terms: Maximum Loan Amount: $800 Loan Term: Max: 6 months Maximum Finance Rate and Fees: $10/$100 + 5% per month Finance Charge for 14-day $100 loan: $15 apr for 14-day $100 loan: 390% Debt Limits: Maximum Number of Outstanding Loans at One Time: One Rollovers Permitted: None (cannot refinance) Cooling-off Period: Repayment Plan: Collection Limits: Collection Fees: Bank charges (if disclosed); $20 collection charge; Court Costs; damages Criminal Action: Not Specified Where to Complain, Get Information: Regulator: Ohio Division of Financial Institutions Address: 77 South High Street, 21st Floor Columbus, OH 43215 Phone: (614) 728-8400 Fax: Regulatory Contact: Robert M. Grieser,, Deputy Superintendent for Consumer Finance state.oh.us/dfi Are the loan companies licensed in your state? Which companies are you dealing with? 
Here is the link to NC pdl
Here is the link to NC pdl laws: |