Pdl
Date: Tue, 09/01/2009 - 11:52
I have loans with 5 payday lenders and I've had some fraud activity on my checking account due to a third party company getting my personal info and debting my account saying I signed up for Freedom subcription when I signed up for the payday loans online. Now I have no choice but to close my account. I filed a fraud report with the bank and the police dept. I don't want to give my new bank info to the payday loan companys because now i don't trust them. I also want to try to settle myself with the companys. I want to know the laws for California my loans are all online.
Paydax-600.00 paid 3 payment of 75.00 and 7 payments of 76.00 and they say I owe two more payments.
the other 4 companys that I have are
Loanshop- 600.00 2 installments of 150.00
United- 400.00 2 installments of 120.00
National Money Store-
450.00 1 installments of 83.00 and 1installment of 105.00
Ace Cash Express no installment full amount due 299.00 I need some help on how to deal with this situation and are these companys legal. For the payments to padmax I have been sending them to CPD Offer.
Any help would be greatly appreciated.
Paydax-600.00 paid 3 payment of 75.00 and 7 payments of 76.00 and they say I owe two more payments.
the other 4 companys that I have are
Loanshop- 600.00 2 installments of 150.00
United- 400.00 2 installments of 120.00
National Money Store-
450.00 1 installments of 83.00 and 1installment of 105.00
Ace Cash Express no installment full amount due 299.00 I need some help on how to deal with this situation and are these companys legal. For the payments to padmax I have been sending them to CPD Offer.
Any help would be greatly appreciated.
The state of California requires the lenders to obtain license t
The state of California requires the lenders to obtain license to conduct business with its residents. You can check the following link for info.
http://www.debtconsolidationcare.com/paydayloan/internet-lending-in-50states.html
Further, here is the link to state's pdl laws.
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html
You may also check the licensing status of each lender from the following url.
http://www.corp.ca.gov/FSD/licensees/default.asp