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Payday Loans Insight

Date: Thu, 08/04/2005 - 09:24

Submitted by tkatzenmaier
on Thu, 08/04/2005 - 09:24

Posts: 11 Credits: [Donate]

Total Replies: 3


Just received this email for the Maryland District Attorney's office. Will somebody tell me if I am reading it correctly...I don't have to pay these back?

Thank you for your e-mail letter regarding payday loans. Please be advised that payday loans are not permissible in the state of Maryland. Additionally, such loans are consider consumer loans subject to the Maryland Consumer Loan Law, Title 12, Subtitle 3, Commercial Law Article, Maryland Code Annotated. Additionally, a person who makes a consumer loan is required to be licensed, unless exempted from the requirements of a license.

Also, you should be aware that any person who violate Maryland law may not receive or retain any principal, interest, or other compensation with respect to the loan.

I trust that the above information addresses your concerns. If I can be of any other assistance, please feel free to contact me directly at 410-230-6017.


I believe this email signifies some denial of Payday loan application from Maryland District Attorney's office.

Did you actually apply for any type of loan in Maryland? If so, just have a talk with the lenders. Refer to this letter from the Maryland District Attorney's office.

Or, you can also have a talk with the representative who sent you this mail at the mentioned phone number.


lrhall41

Submitted by ben on Thu, 08/04/2005 - 09:35

( Posts: 2034 | Credits: )


Then, you don't have to worry. Please do a complete study in this useful forum. It will provide you smarter and stronger ways to deal with such unprofessional and illegal Ellis Crosby representatives. No matter, if they keep harassing you but make it a point that you will not pay them. They will have to first validate the debt before asking for money. Use your consumer rights to file a case against them with the help of your attorney.

I sincerely thank this website for offering such sincere help and making me stronger enough while dealing with Ellis Crosby.

Ellis contacted me too over some account which I didn't even was familiar about. I had been posting in this forum regularly and learned so many useful things which has made me well informed


lrhall41

Submitted by ben on Thu, 08/04/2005 - 11:48

( Posts: 2034 | Credits: )