payday loan trouble
Date: Thu, 10/09/2008 - 15:42
ameriloan
OneClickCash
Think Cash
Cash Call
We have closed the account. Are going to fax in stop letters to notify them of this and be sending money orders and money gram. Can I just pay the principal and not the interest rates the are raping people with
Someone will be by to post your pdl laws for you. I am not famil
Someone will be by to post your pdl laws for you. I am not familiar with florida law but someone will be by to help you, good luck
Florida
Quote:
Legal Status: Legal Citation: Fl. Stat. Ann. ???? 560.401 et seq.; Rule 69V-560.901-912 Loan Terms: Maximum Loan Amount: $500 Loan Term: 7-31 days Maximum Finance Rate and Fees: 10% + verification fee Finance Charge for 14-day $100 loan: $15 apr for 14-day $100 loan: 390% Debt Limits: Maximum Number of Outstanding Loans at One Time: One Rollovers Permitted: None (cannot rollover) Cooling-off Period: 24 hours Repayment Plan: Yes Collection Limits: Collection Fees: All charges imposed on the lender by any financial institution; lender not entitled to treble damages Criminal Action: Prohibited Where to Complain, Get Information: Regulator: Florida Office of Financial Regulation Address: Division of Securities and Finance, 200 E. Gaines Street Tallahassee FL 32399 Phone: (850) 410-9805 Fax: (850) 410-9748 Regulatory Contact: , Regulator Website Licensee Database Complaint Instructions Complaint Form Link Online Resources: Deferred Presentment Providers Information Page |
From what I read in other threads, some companies in FL may also
From what I read in other threads, some companies in FL may also be acting as CSO's which means that they are legal in what they charge
ameriloan is not licensed to lend anywhere, correct?
ameriloan is not licensed to lend anywhere, correct?
No, ameriloan is not licensed and you owe them only for the prin
No, ameriloan is not licensed and you owe them only for the principal amount.
Cash Call is an installment type loan,CLICK HERE to read more ab
Cash Call is an installment type loan,CLICK HERE to read more about them. The payday loan laws do NOT apply to them. You will need to work out a payment arrangement with them. :)
I do not think that think cash is a pdl either. I may be wrong b
I do not think that think cash is a pdl either. I may be wrong but I believe they may be an installment loan. Get working with cash call asap as they will sue the first chance they get
Think Cash is backed by the Bank of Delaware, unfortunately the
Think Cash is backed by the Bank of Delaware, unfortunately the fee's they charge are legal. You can give them a call & see if you can work out an arrangement with them. I had to wait until my loan was 60 days late, then they were able to set up an arrangement where I pay off the balance in 6 monthly payments & they stopped adding the interest. Thank god I have 2 more payments left & then I am done :D