loans default
Date: Wed, 03/05/2008 - 15:05
Someone will be along to post to Florida laws for pdl's in your
Someone will be along to post to Florida laws for pdl's in your state. Hang in there we have all been in the same shoes and there is light at the end of the tunnel.
ladybug
mss, I do believe that we'll find that CashNetUSA will be licens
mss, I do believe that we'll find that CashNetUSA will be licensed. If I'm incorrect, someone will correct me. In the meantime, I will post your Florida state pdl law for you.
You will find the Payday loan laws for Florida here (just select
You will find the Payday loan laws for Florida here (just select your state),
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html
Cannr Cash Net is a CSO in Florida. A CSO is a Credit Service
Cannr Cash Net is a CSO in Florida.
A CSO is a Credit Service Organization. It's really just a sneaky underhanded way for these places to get around payday loan restrictions. Federal law makes it so that any fees charged cannot be considered interest. So technically on the Cash Net loan you are only paying like 18% interest. It's just a huge fee.
So basically you have to pay what CashNetUSA says to pay. Sucks.
So basically you have to pay what CashNetUSA says to pay. Sucks. :evil: