pdl help
Date: Thu, 01/08/2009 - 12:07
Here's your state law for Pa Pennsylvania State Information
Here's your state law for Pa
Pennsylvania State Information
Legal Status: Prohibited
Citation:
Check cashers are specifically prohibited from making payday loans under Check Cashing Licensing Act of 1998, ???? 505(a). Otherwise, consumer discount company act applies. 7 Pa. Cons. Stat. Ann. ???? 6201 et seq.
Small Loan Rate Cap
$9.50 per $100 per year discount or 24% per year
Where to Complain, Get Information:
Regulator: Pennsylvania Department of Banking
Address: Market Square Plaza, 17 N. Second Street Harrisburg PA 17101
Phone: (717) 214-8343
Fax: (717) 787-8773
Regulatory Contact: Jim Keiser Administrator of Non-Depository Institutions
does this mean none of these companies are legal and can not giv
does this mean none of these companies are legal and can not give payday loans to pa residents
PA is one of the loop hole states. Meanig that if a pay day lend
PA is one of the loop hole states. Meanig that if a pay day lender is licensed ANYWHERE it is legal in pa and the laws of the licensing state must be followed
I think you mean anywhere in the US, not anywhere in the world.
I think you mean anywhere in the US, not anywhere in the world.
I said the laws of the licensing state which means the us
I said the laws of the licensing state which means the us