Cashnetusa/Attorney Generals Office

THats funny Fedup...Cashnetusa is located in Chicago IL....so I am not sure how they use Nevada Law....

They might have incorporated in Nevada. But I am surprised at the Penn. AG, because they are doing business in Pennsylvania.

Fedup,
Is there anyway you can appeal that? I would!

I am not sure, I will have to check that out. I guess they use Nevada for every state that prohibits. Here is the link they provided to the AG's office. http://www.banking.state.pa.us/banking/cwp/view.asp?a=1352&q=547781&bankingNav=3214832179

06/24/05
Internet Consumer Lending-Out of State Company
Letter states that an out-of-state company is not required to be licensed pursuant to the CDCA in order to extend consumer loans to Pennsylvania residents from an internet site, provided that the company is licensed under its home state law to make such loans and does not have a physical presence of any kind in Pennsylvania.

Fedup-check this out because they told me that their location is in Chicago...so if their home state law should be Chicago's right? I would find out where exactly their home state is(NEvada seems like a logical choice to choose since they are outrageous with the PDL's...) But I am about to have the same problem with you with Cashnet so maybe we can help each other out on this one...I will see what I can find

I guess if I was going to try to scam people out of money this way I would use that loop hole as well seeing as they can pretty much charge you what they want in NV(IL has no rollover and only 15 fee per 100 loaned):

Yep, you got it Leah, they are slick. They even told the attorney generals office they were giving me a 15% discount, Well that isn't anything special, they give that to every borrower that extends the loan over 5 times. They made it sound like it was especially for me.

Yeah, they are slick and sleazy, if you ask me. Now if they are in Chicago and are also doing business in Nevada, where would their home offices be--and is that what is counted for their legal address?

I don't know where they consider their business address, got me on that one. I guess it does not matter.

Hi fedupinpa. I was wondering how your doing w/ cashnetusa? I am also in PA and they are one of my pdls that I am trying to get a response from. Jave they responded to you any more?

They only offered payment arrangements in big chunks.

same here, i told them only payments of 50 is what i could afford right now.they said they couldnt accept that.but they would take it from what i owe.but every time i call i get some smartazz.so i am only sending 50.they want it there way but i cant afford it .so they either take what i send them or not take it at all,.then i can say the denied payment.

There you go, send them what you can. I hate it when they are like that. It is there outrageous intrest that puts you in the hole, you pay and pay and get nowhere and then they act like you owe them your left arm once you get in a jam. This one was especially mean, never got a descent person on the phone. Sometimes I would hang up and call back but that didn't even work. I am glad to be done with them. Goodluck.