Has anyone ever heard of PDLAssistance.com
Date: Fri, 07/18/2008 - 10:45
You can settle your pay day loans your self if you want to and s
You can settle your pay day loans your self if you want to and save some money. This site has all the info you need to do it your self if you want to take the time to do the dirty work. However if you want to hire a pdl settlement company like PDL Assistance or Langhrone debt solutions or who ever expect it to take a little longer to get out of debt because you will pay some fees for their services. PDL Assistance does good work so if you chose them you will be fine. Either option is good depending on what you want do .
Here is their BBB report on PDL Assistance
http://mobile.bbb.org/commonreport.html?compID=193328266
If you're interested in obtaining more information of the experi
If you're interested in obtaining more information of the experience of other members here, place the name in the upper right hand corner search box of this forum, you will then come up with a number of topics, you can read through the topics to give you an idea the pros and cons. :D
PDL's are illegal in NY Quote: Legal Status: Prohibited
PDL's are illegal in NY
Quote:
Legal Status: Prohibited
Citation:
Licensed lender law applies but interest rate is that agreed to by contract. N.Y. Banking Law ???? 340 et seq. A check casher licensee cannot make loans nor cash or advance any moneys on a post dated check unless it is a payroll check. N.Y. Banking Law ???? 373. Criminal law sets the usury cap at 25%. N.Y. Penal Code ???? 190.40.
Small Loan Rate Cap
25% per year
Where to Complain, Get Information:
Regulator: New York State Banking Department
Address: One State Street New York NY 10004
Phone: 1-877-BANK-NYS
Fax:
Regulatory Contact: Regina A. Stone Deputy Superintendent
I was paying them for a while and they never resolved my Payday
I was paying them for a while and they never resolved my Payday Loans I had to cancel and pay my payday loan myself after they threaten to take me to court and PDL assistance couldnt do anything for me and I just lost all the money I had already paid them!