Internet PDL vs. Storefront PDLs

You are correct. Now you must file complaints with your Attorney General's office and your state's banking dept. How long have you been paying on these loans? You may have already paid back the principal and legal interest in the roll over fees.

I'm starting to make a list now.
The first one I'm working on is Anyday Cash. I am not finding them on Arizona's list and I have paid them $584 on a $300 loan.
I'm not to savvy on this, so I'm not sure by reading the statute on what to do with this one company in particular. They have refinanced 7 times thus far. When I file a complaint, is it in writing or do I make a phone call? Also, in filing the complaint what is normally the time period involved with getting these **** of my back?

[color=Red]****Adult term removed - Jason[/color]

Depends upon your state's AG office, each one is different. They probably have a website just google Arizona Attorney General and it should pop up. Look through the site, it will give info. on how to file a complaints. Some state's allow the consumer to file their complaint online.

Roll overs are not allowed in your state for more than three times. Anyday Cash is not following the laws because they have refinanced 7 times till now. File a dispute with them and send a copy to your state attorney general. If you find them not licensed in your state, mention it in the letter.

You should file an online complaint with the attorney general or send a fax for having a proof of your actions. You might need it later.

One more quick question...as you can see I'm not the brightest bulb in the box... :p

I'm looking online at http://azdfi.gov/Lists/DPC_List.HTML and now that I'm noticing it they are only listing places that have an AZ address...where can I find out if an internet company is licensed that may be out of state?

I would call your state's banking dept or other pdl regulatory agency. They can tell you. It may be that AZ has some law that says they have to have a physical location to lend in AZ. I've never seen that before, but I only know a lot about a handful of states.

I'd call their dept of financial institutions and get some info from them. Also, have you looked for any dba's for your pdl's. It may be that a company is licensed under their parent name. But odds are that they aren't licensed, since the majority of internet pdl's aren't.

I just called and the guy I spoke with gave me no information on calculating interest. He told me I shouldn't have ever taken one and that since it's an internet PDL, they probably have loopholes that if they took me to court could probably get through. He told me that internet pdls aren't licensed here, but all he did was tell me I should get a lawyer to handle this that going through them would take to long and that there was probably nothing they could do??? WTFFFFFFF

Sometimes you get someone that isn't very helpful.

But he did say they aren't licensed. I wonder what kind of loopholes he meant. I'm going to look into this and see if I can get anymore info on AZ . . .