Ohio Laws

YAY, you need to do your homework first and find out the latest status of the loan accounts. Calculate the payments done towards the loan principal. See the laws on payday loans in OH

Quote:

Ok, we fell into the same PDl trap that everyone else has and now they are threatening us.. Can anyone tell me if these companies hold legal and valid licenses in OH?

Norwood Group - Loaned 11/22/05 for $ 300.00 -
To date, paid $ 1020.00 (They are threatening with criminal action if I don't pay them $ 500.00)

Rio Resources - Loaned 6/8/06 for $ 400.00
To date, paid $ 390.00

United Cash Loans - Loaned 4/7/06 for $ 300.00
To date, paid $ 270.00

United (Husband) - Loaned 04/06 for $ $ 300.00
To date, paid $ 680.00 (approximate - verifying)

USA Fast Cash - Loaned 11/7/05 for $ 300.00
To date, paid $ 758.00

Cash Transfer Center - Loaned in July for $ 800.00
Owe them $ 1034.00

GW Financial - Loaned 03/03/06 for $ 300.00
To date, paid $ 480.00

PayDay OK - After increases - principal loan $ 450.00
To date, paid $ 870.29

These were all done over the internet and up to a few months ago, I paid the extension fees every month, but they got out of control and my account was closed. I am now getting threats from them about legal action and I want to see if they can pursue it or not? I will find out how much I originally borrowed from them and then see how much I have paid back at this point and I will post that here later. I just want to know if I will have luck clearing my name with these companies? If not, I will have to look into a debt management plan.. Thanks for all your help.

Ncredithl

Now what do I do?????

Also, I entered their names in the link Flying cats provided, but I can't tell if they are Ohio licensed or not???

Please help me out of my jam!! Thanks

I am also from Ohio but haven't dealt with these companies. Hold on. I'll check to see if they're licensed.

Norwood Group and GW Financial were licensed at one time but under licensing status are listed as "dead." The rest (Rio Resources, United Cash Loans, USA Payday, Cash Transfer Center and PayDay OK were never licensed in Ohio, which means they have been lending illegally, which for you means you are only required to pay back the original borrowed. Don't worry about blocking your checking account from them or closing your account if you need to (which most people here have found the best way to get them off your back). They are not legal, so they don't have a leg to stand on. Report all of them to your Attorney General's office. Also send a PDL template letter found on Pollyandsay's blog to all the companies, inserting the Ohio laws, tailoring it as needed. Definitely demand refunds for the companies you have overpaid. Good luck, and let us know if we can be of any further help to you.

Go here for the payday loan laws:

www.paydayloaninfo.org/states.cfm

Did you have luck with your PDL issues? I am going to get my letters out this week during slow time. Thank you so much and wish me luck.

Good Luck. Yes, I was successful in getting my ipdls marked paid in full, I am from OH as well. I also filed complaints with the OH Attorney General's Office and the Division of Financial Institutions. The AG's office will automatically forward your complaints to the DOFI. The only ipdl licensed to loan in OH is CashNetUsa.

Steelers 1,

Can you guide me with a sample letter that you sent to the PDL companies?? I will file a complaint with the Attorney General too. I really appreciate all your help.. Let me know if you would like my e-mail address. Thank you.

I also have loans with cashnetusa and payday ok and I live in Portland,Or.So does the same apply to me as well?

CashNetUsa is usually licensed in all the states it provides loans to. PaydayOK is another story. I would work out a payment plan with CashNetUsa.

Talisa, I sent you a pm

Ncredithl, I can send you a pm if you register. Thanks.

Steelers 1,

I registered last week. Should I do it again? Thanks.

ncredithl

You should be logged in the forums to read the private messages sent by others. Log in the forums with the email address you used for registering and the password. If you don't remember it, check your email sent by DebtCC. You will have the password there.

Steelers 1,

I apologize, my username (that I use for login) is sgrifboo. Can you pm me there with sample letters to get started? Thanks for the help.

Sgrifboo, I sent you a pm with the letter. Good Luck.

Steelers 1,

Thank you for the pm, but how do I retrieve? Sorry for the ditziness here.

Look at the upper right hand side, it should say you have 1 new message just click on it and you should be able to retrieve your pms.

I don't see the new message anywhere. What am I doing wrong? Can you send to my e-mail email address removed as per forum rules - Mike.. Thanks and sorry for all the bother.

Steelers1,

Please e-mail me the letter. I was threatened by Norwood group and she now says that she has turned me over. See below:

If a certified bank check (no personal checks) in the amount of $500.00 is not received in my office by December 17, 2006, you will leave me no choice but to begin prosecution against you for passing insufficient checks, wire and / or mail fraud, and an attempt to defraud a licensed lender across state lines. This carries both state and federal implications, and the dollar amount could make it a felony. I will contact the office of Attorney General Jim Petro of the state of Ohio if full restitution has not been made by you by December 17.

She e-mailed me today and said I have been turned over and see below:

Your time has run out. The Ohio prosecutor has been contacted regarding your accounts. The total amount due is now $1162.38. You will also be responsible for our legal fees, court costs and collection fees - in addition to your own.

Please help!!

Is this an itnernet pdl? And you are from OH, well I'm from OH and I can guarantee you that the prosecutor isn't coming for you. Definately not over an UNLICENSED payday loan company. You need to file a complaint with the attorney general's office (online) and forward a copy of that e-mail to them, that is VERY illegal, and you might want to thank them for the evidence.

Also, what county are you in? PM me with that.

One flaw I see in that is that she referred to the prosecutor as "Ohio Prosecutor", no such thing, they are referred to as County Prosecutors for each individual county they are located in. You also might want to consider pressing charges against this idiot for extortion.

dear steelers1 i really wants to wish a Very
Happy New Year of 2007 for you and your family.
thanks very much for all good things you say always to me in this forum.thanks steelers1 for your very informative posts.happy new year for you and all wonderful members of this forum!!!

i am from ohio also,i am having trouble getting this pdl letter correct and help would be great.