Can anyone help me with payday loans?
Date: Wed, 12/20/2006 - 12:46
Relax, you will be able to take control of your situation. Try a
Relax, you will be able to take control of your situation. Try and things will improve from this point. Ok, first thing you should know is the laws in your state followed on payday loans. Check the companies you are dealing with if they are licensed in your state or not. If they aren't, their business will be termed legal and in that case, they are not allowed to charge interests and fees on the loan. You are liable to pay back the principal amount only. Those licensed will have to abide by the laws mentioned below.
Quote:
Legal Status: Legal Citation: Fl. Stat. Ann. ???? 560.401 et seq.; Rule 69V-560.901-912 Loan Terms: Maximum Loan Amount: $500 Loan Term: 7-31 days Maximum Finance Rate and Fees: 10% + verification fee 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 rollover) Cooling-off Period: 24 hours Repayment Plan: Yes Collection Limits: Collection Fees: All charges imposed on the lender by any financial institution; lender not entitled to treble damages Criminal Action: Prohibited Where to Complain, Get Information: Regulator: Florida Office of Financial Regulation Address: Division of Securities and Finance, 200 E. Gaines Street Tallahassee, FL 32399 Phone: (850) 410-9805 Fax: (850) 410-9748 http://www.flofr.com/ |
Pull the bank statements and figure out how much payments are done on the loans. You will know the latest standing and deal with the pdl places accordingly.
PDL
thank you for the website. I tried to check the companies but none came up in the search. The Florida statute than was sigted was not listed either. So I am wondering if none of the PDL companies are in this data base anyway.
The companies I used were: esidelend, rt 66, 500fastcash, usfastcash, paragon, and paydaycredit.
My bank is going to "charge off" my account by January 8, 2007 since there hasn't been any money in it since December 8th. Then I won't be able to open a checking account anywhere for 5 years. Since I am unemployed, I doubt that opening a new account is an option for me anyway. Am I sunk?
Welcome to the Forums Buster :D Here is a link for pdls to look
Welcome to the Forums Buster :D Here is a link for pdls to look at http://www.paydayloaninfo.org/ goes state by state and will give you all the info you need. If these are internet, most are operating illegaly, and you need to pay only what you borrowed. If you have any questions, please ask..Karen
Question is how do I get them to take a payment without deductin
Question is how do I get them to take a payment without deducting from my checking account...say, money order, etc.?
Above guest who said they sent 2 PM to Buster71674. Can't find t
Above guest who said they sent 2 PM to Buster71674. Can't find them. Where do I look.
Also, if this goes through, I am having trouble posting. Keep getting message blocks about debugging... What's up with that?
Buster, I also just PM'd you a list of banks and cu's in Florida
Buster, I also just PM'd you a list of banks and cu's in Florida that you will still be able to open an account with even with the chexsystems report. To check your PM's, you need to log in. Then look up at the right hand side of the page. You should see a line that says "You have X new messages" It should be right under the search box. Click on that and it will go to your inbox!
