Star Advance and other out of the Country IPLs
Date: Thu, 08/09/2007 - 06:58
Hi all,
In the instance of overseas IPDLs, there is usually not chance that they are licensed, right?
I know Star Advance is located in Costa Rica, which would essentially make any loans null and void in the US, or am I wrong with this?
I guess the only obligation would be to pay back what is borrowed?
Any advice would be appreciated.
In the instance of overseas IPDLs, there is usually not chance that they are licensed, right?
I know Star Advance is located in Costa Rica, which would essentially make any loans null and void in the US, or am I wrong with this?
I guess the only obligation would be to pay back what is borrowed?
Any advice would be appreciated.
I haven't seen any of the the overseas companies with a license,
I haven't seen any of the the overseas companies with a license, but that doesn't mean it's impossible. Technically they could be licensed. But I would be shocked to see one that was . . . .
Just because they are located in Costa Rica doesn't make the loan null and void. Because they aren't legally licensed at all would.
I would agree that the only obligation would be to pay back what was borrowed.