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How to find payday loan settlement letters

Date: Fri, 11/17/2006 - 10:47

Submitted by bliotard
on Fri, 11/17/2006 - 10:47

Posts: 14 Credits: [Donate]

Total Replies: 5


What are some resouces for to find settlement letters to send to these payday companies? Can a payday loan company take legal action against me if they are not registered or licensed in my state?


Internet lenders must be licensed in your state if payday loans are allowed. They have to conduct their business legally before throwing any actions against you.

I haven't heard of any internet loan company especially those not licensed, filing a case against the borrower. If they give you such threats, don't be bothered. It's a crap. If you have the loan from them, you are responsible to pay the borrowed amount and the fees mentioned in your state.

You'll get the settlement letters in Polly's


lrhall41

Submitted by keystrokes on Fri, 11/17/2006 - 12:46

( Posts: 495 | Credits: )