response from DFI
Date: Tue, 06/16/2009 - 06:43
You are correct in that internet payday lenders are not legal in KY. IF they are using their payday lending statues and not their CONSUMER LOAN laws. You need to check the fine print.
What am I looking for in the contract? I have no clue the difference betwen the two
What am I looking for in the contract? I have no clue the difference betwen the two
if it's an "installment loan" (ie has a series of payments), the
if it's an "installment loan" (ie has a series of payments), then it doesn't fit the definition of a payday loan.
Read thru all of the fine print on your contract and see if you
Read thru all of the fine print on your contract and see if you see the words installment loan anywhere. What company is this and maybe someone here knows something about them.
i agree what company is this? i think every company out there wa
i agree what company is this? i think every company out there was mentioned here at least once :)
edit: your companies are CMG, United Cash Loans and Geneva Roth. is that correct? you have several threads out and it gets confusing.. that is why we recommend sticking to one thread.