Payday One - Resque1 Please Respond!!

blondie, i know i am not resque1 :) but i think i remember your post from before? i am not sure if this company is legal at all or legal in your state but if they are not, they cannot legally do anything to you.

I'm in KY. Do you happen to know if they are legal? Thanks for the help!

Resque1,,,,you there???

You might want to double check your contract, Payday One is usually legal in most states, they may be listed as an installment type of loan which would mean they wouldn't show up under the payday loan licensee data base, nor would they have to follow the payday lender laws. Double check your contract, if it's listed as an installment type of loan they wouldn't follow the payday loan laws.

ALL internet payday loans are ILLEGAL in KY

I am aware of this, but the question with Payday One is are they functioning as a PDL or an installment lender - this makes all the difference in the world when trying to determine whether they are or are not legal in KY. There are different laws for PDL's and installment lenders. I actually thought all internet lending was illegal in KY and if all internet lending is illegal I'm wondering does that include both PDL's and internet installment lending?

dont worry. when i defaulted on paydayone they were pretty easy to work with. i set up an epp, made a few payments but i hit a bump and couldnt pay them for awhile. they havent done anything so far. they dont even call me anymore. i'm not sure if they sent it to a 3rd party ca or not. i just havent heard anything from them.

How long has it been since you last made them a payment or heard from them?

i think it was febuary when i made the last payment. they called me a few times after that and then they just stopped. i havent received anything in the mail either.

Thanks for the information. I can surely get things in better shape by then!