Cash Call Loans in PA
Date: Wed, 12/19/2007 - 19:21
I e-mail the PA department of Banking and ask this question, but wanted to see the thought of the forum. I willingly took out the loan and fully intend to pay it back I just want to make sure I pay a fair and legal interest rate.
Thank you for your thoughts.
Unfotunately Cash Call is an installemt loan backed by a bank so
Unfotunately Cash Call is an installemt loan backed by a bank so they are legal as they stand.
Please read for more info:
http://www.debtconsolidationcare.com/paydayloan/cashcall-info.html
Thanks Morningstar, I was afraid of that. Like I said I will
Thanks Morningstar,
I was afraid of that. Like I said I willingly took out the loan and will repay it. I was hoping for something to use as leverage to help get the interest rate reduced.
Yeah, Morningstar is correct. Since they are backed by a bank,
Yeah, Morningstar is correct. Since they are backed by a bank, and the bank is the actual lender, Federal Law allows them to use their home state's laws to govern the transaction. Which in this case is DE, which has no interest rate cap.