I have literally been searching

Welcome to the forum Maltislover. First can you give us some more info? What pdls do you have? How many? And How long have you been paying on them? This will help alot. I will try and finthe link for you to the state laws and I am sure that someone else will be on soon and also help. We have all been whee you are now and some of us are still there. Hang in there we are here for you.

They laws that they have to follow depend on your state laws pertaining to Consumer Finance. For example, if you live in PA but the PDL is in Nevada, PA laws say the PDL store can do business in your state as long as they follow the laws of their state. On the contrary, a state like Illinos specifically says any lender doing business in Illinois needs to be licensed in and follow the laws of the State of Illinois. In this case, Illinois law would supercede Nevada law. You should look up your state laws, or call and ask you state department of financial institutions, if an out-of-state lender is bound by your state's laws.

It looks like your PDL laws for Nevada will be here: http://www.leg.state.nv.us/NRS/NRS-604A.html

I just realized this topic was posted twice. Please use the original post http://www.debtconsolidationcare.com/creditors-information/about27023.html as I think it is a bit more helpful and I have added some other information.

Problem with DebtCruncher's analysis is this . . . What authority does your state's AG have to enforce your state's laws against a lender in another state? (Ask KYSide how her hero, Darrell MacGraw, is doing with his suit against internet lenders. Only one of them even bothered to answer the lawsuit.) Or better yet, ask the Kansas Bank Commissioner about the multi-million dollar fine it tried to impose on Quik Payday of Utah. From what I've read, Kansas is getting its ass kicked in federal court since the lender sued it over the fine.

Where it does make a difference, though, is if (a) the lender tries to collect in court and you plead your state's laws as a defense or (b) if enough people come together for a private class action suit in your state. But state AG's? They might send a letter and the lender will choose to back off. They might even file a lawsuit on Election Day to grab a few headlines (like MacGraw did in West Virginia). But they will never make a serious dent in the industry. We need Congress to pass a federal payday lending law or the U.S. Attorneys to start prosecuting these guys under the RICO act, just like they do the mafia. Until then . . . this "industry" isn't going anywhere.

hmmmm..Hi guest. What PDL company do you work for?

I live in florida, and i cant get a straight answer,can pdl not licened in the state still give loans, and if they can who state klaws do the have to follow,?

They PDL has to abide by the consumers state laws....with the exception of one or two states but FL is not one of those states...regardless of what the company says, if they are not liscensed to lend in the State of FL(and most arent) then they should not be lending in the state of FL

I contacted florida dept of fin, 1 person said if they are not licened in the state,then it gos by thier state law, and 1 person wasnt really sure go figure,

I've talked to the FL dept of financials too and got a person that didn't know anything . . . . I've looked at the laws and spent hours reading them. They do have to be licensed in FL unless they are backed by a bank. Period. The people that answer the phones there aren't very helpful sometimes . . . .