Is One Click Cash legal in Delaware?

Date: Tue, 09/30/2008 - 08:32

Submitted by anonymous
on Tue, 09/30/2008 - 08:32

Posts: 202330 Credits: [Donate]

Total Replies: 4

Is One Click Cash legal in Delaware? I had a loan of $300.00 have paid $360.00 in fees without touching the principal. I am hoping to get them to settle with me. Any suggestions???

Delaware requires a lender be licensed in your state, I browsed

Delaware requires a lender be licensed in your state, I browsed through the data base and couldn't find a license on them. Click the link below for the licensee data base for Delaware.
http://banking.delaware.gov/information/nondepsearch.shtml

Quote:

Delaware State Information

Legal Status: Permitted under small loan act or licensing law - Legal

Citation:
Del. Code Ann. Tit. 5 ???? 2227 et seq.

Loan Terms:
Maximum Loan Amount: $500
Loan Term: Max: 60 days
Maximum Finance Rate and Fees: Not Specified
Finance Charge for 14-day $100 loan: No Limit
apr for 14-day $100 loan: No Limit

Debt Limits:
Maximum Number of Outstanding Loans at One Time: Not Specified ($1000 aggregate loans outstanding to all licensees)
Rollovers Permitted: Four (rollovers)
Cooling-off Period:
Repayment Plan:

Collection Limits:
Collection Fees:
Criminal Action:

Where to Complain, Get Information:
Regulator: Delaware Office of the State Bank Commissioner
Address: 555 E. Loockerman Street Suite 210 Dover DE 19901
Phone: (302) 739-4235
Fax: (302) 739-3609
Regulatory Contact: , Administrator, Non-Depository Institutions and Compliance

lrhall41

Submitted by Shazzers on Tue, 09/30/2008 - 09:07

( Posts: 17344 | Credits: )

Delaware is the home of more PDLs than any other state due to th

Delaware is the home of more PDLs than any other state due to there lax laws. Most of these lenders only have a mail drop there but that is where they are licensed. One Click Cash operates under several DBAs. It is really hard to check them out. There are many on the forums who have dealt with them who may be able to provide information.

lrhall41

Submitted by Frogpatch on Tue, 09/30/2008 - 09:40

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Thanks Frog, I kinda wondered about that, I know that One Click

Thanks Frog, I kinda wondered about that, I know that One Click Cash has been under the microscope lately in Ca., I couldn't find any info on them for Delaware, which surprised me for the reasons you stated above.

lrhall41

Submitted by Shazzers on Tue, 09/30/2008 - 11:19

( Posts: 17344 | Credits: )

Put this address in the search box above 2207 Concorde Pike Wilm

Put this address in the search box above 2207 Concorde Pike Wilmington. Page after page of different PDLS will all have the same address. It is Mail Boxes Etc

lrhall41

Submitted by Frogpatch on Tue, 09/30/2008 - 13:25

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