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Which of these lenders are illegal.

Date: Tue, 03/31/2009 - 05:39

Submitted by steffani421
on Tue, 03/31/2009 - 05:39

Posts: 5 Credits: [Donate]

Total Replies: 9


First of all thank you to everyone that has been such a big help on this forum.  You all have really given me hope.  I have opened a new bank account and have closed the old account with the help of my bank.  They were very understanding.  I am now getting ready to send out letters to my lenders.  Can you please tell me which of the following lenders is illegal in the state of Ohio?
Loan Shop
National PayDay
Eastside Lenders
CashSpot
Greenlight Funding
Magnum
BIG
Cash Transfer Centers
Again I appreciate everyone's help.  I really couldn't have done this without the advice I had recieved here.


well i can say that none are legal therefore you only owe the principle borrowed.could you refersh me on two points.

how much borrowed from each
how much debited total by each.

if you paid the initial amount borrowed in fees then you owe no more.as far as the letters go.make sure to send them certified mail return receipt.


lrhall41

Submitted by paulmergel on Tue, 03/31/2009 - 05:48

( Posts: 15514 | Credits: )


From another post of the OP (Unless this isn't theirs please correct me if i'm wrong)
The Cash Spot -- borrowed 400--- paid 550
Greenlight -- borrowed 300 -- paid 337.50
National PayDay borrowed 400-- paid 400
BIG -- borrowed 200 -- paid 205
Magnum -- borrowed 450 -- paid 162.36
Eastside Lenders -- borrowed 500-- paid 855
CashTransfer centers -- borrowed 300-- Payment of 381 due on 4/3


lrhall41

Submitted by beli2005 on Tue, 03/31/2009 - 05:50

( Posts: 882 | Credits: )