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Loan Shop Online

Date: Thu, 09/18/2008 - 14:00

Submitted by anonymous
on Thu, 09/18/2008 - 14:00

Posts: 202330 Credits: [Donate]

Total Replies: 15


Hi, I need to know if Loan Shop Online is legal to lend in CA.


I was able to find this, I'm hoping its the same company:

Name: THE LOAN SHOPPE LLC
Lic. Status: No Longer Licensed as of 8/13/2008 Lic. Date: Feb 20 2007
Lic. Number: 603D965 Lic. Type: California Finance Lender
Address: 39753 87TH STREET WEST
LEONA VALLEY, CA 93551

Name: THE LOAN SHOPPE
Lic. Status: No Longer Licensed as of 9/11/1989 Lic. Date: Nov 13 1987
Lic. Number: 9033316 Lic. Type: Consumer Finance Lender
(RAYMOND LEONARD MCVEIGH, DBA)
Address: 607 WOODBLUFF AVENUE
DUARTE, CA 91010

I was able to search at this website:
http://www.corp.ca.gov/FSD/licensees/default.asp


lrhall41

Submitted by dawnlango7 on Fri, 09/19/2008 - 11:00

( Posts: 1147 | Credits: )


I received a loan from loan shop 2 years ago; since then they have debited one of my accounts so many times that it's going to be hard to pay down! I was unfortunately dumb enough to attempt to get a loan on a different account that loan shop started sending debits to that account some time twice a week which made it very hard to close the account. The bank then advised me to do a stop payment on all charges from the company and so far nothing yet. According to Loan Shop they have a variety of different names but are all one company! I even attempted to make a payment arrangement with them that they never gave me the opportunity to honor because they just waited a week or so and started the debits back up and when I question them they claim that they attempted to contact me but they never did!


lrhall41

Submitted by on Tue, 10/14/2008 - 04:03

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I have LTS Management Services
Wilmington DE (that's who you make the moneygram out to so I'd assume that that's the name that they have to cash under)


lrhall41

Submitted by on Sat, 11/08/2008 - 15:22

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I had a loan with the loan shop and closed my account and stop paying on all my payday loans. Now all of them are threatening me at home and work and on my cell. Are any of these guys legal and can they they do anything to me? I love in Florida


lrhall41

Submitted by on Thu, 03/19/2009 - 03:22

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Loanshoponline is not licensed in the state of California to provide deferred deposits. They totally ripped me off with fees. We are now in some kind of settlement phase which is a joke cause they offered me $600 back on $6300 of illegally charged fees. Told them NO make me a better offer or we go to court. If anyone has initiated a loan with them in the State of California after November 23, 2009 please contact the California Department of Corporations and make a complaint - http://www.corp.ca.gov/ENF/complaint.asp Its worth the stamp... Any loans after that date violate their Desist and Refrain order and I'd love to see them sued civilly by the government. This has become my personal vendetta!


lrhall41

Submitted by on Thu, 05/06/2010 - 23:06

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