Is internet PDL's legal in Texas
Date: Thu, 09/25/2008 - 08:00
Internet PD lenders must be registered with the State in TX. He
Internet PD lenders must be registered with the State in TX. Here is some info on TX PDL laws. The is a link at the bottom for the Office of the Consumer Credit Commissioner
This did not actually tell me how many you can have at one time.
This did not actually tell me how many you can have at one time. If they are licenseed, how many? If they are not licensed, I am assuming that they are not legal. Can someone help me? I have approximately give or take 10 internet and 4 store front. NO I do not have any money left from my check. I have visited with a third party due to the information that I am reading. The majority of mine are not legal, just the CSO. Which brings up, do i have to pay back the cso fee as well.
example (1350.00 loan amount 302.17/fee) I have paid 302.17 x 3 = approx 906.00 toward 1652.17. Am I reading this correct? Also, I am having issues since in the occc it states that $500 aggregated outstanding to all licensees. Does this mean I can't have loans over $500 to my CSO? If so, I am way over.
1350.00 + fee Check n go
1000.00 + fee advance america
1000.00 + fee ace cash express
Can someone help me?
