TX PDL Laws
Date: Wed, 12/12/2007 - 14:06
FYI Texas also has criminal penalties for closing a checking acc
FYI Texas also has criminal penalties for closing a checking account with open loans if fraud can be proven as the reason. Be careful to stay in touch with in state storefronts if you have any loans and plan on closing your account..
Also, most storefronts and some internet lenders are actually CS
Also, most storefronts and some internet lenders are actually CSO's in Texas. This means that the laws posted above don't really apply to them.
That would only apply to Legal loans not illegal ones right?
That would only apply to Legal loans not illegal ones right?
FYI Texas also has criminal penalties for closing a checking account with open loans if fraud can be proven as the reason. Be careful to stay in touch with in state storefronts if you have any loans and plan on closing your account..