South Carolina Lawsuit Against Storefront PDLs
Date: Wed, 09/12/2007 - 14:00
http://www.wach.com/news/news_story.aspx?id=49256
Holy crap!!! I'm sooo excited!!! This is my state! Happy dance
Holy crap!!! I'm sooo excited!!! This is my state!
Happy dance, Happy dance, Happy dance.
I'm going to tell everybody I know to make complaints!!!! :-) :-) :-)
That is awesome! And a good way to fight them. If the court do
That is awesome! And a good way to fight them. If the court does find that these loans are unconscionable, then there could be a open door to sueing pdl's!
An unconscionable loan is one made where the lender unfairly traps the consumer. It could be found that a loan is unconscionable when there is no regard for repayment, or the terms are unduly unfair to the consumer.
This could be a really great thing . . . . Anxiously awaiting the court decision! Only bad thing is it will take years!
I'm hoping others will follow suit and file in other SC counties
I'm hoping others will follow suit and file in other SC counties. My goal is to get them outta here!