In Payday Loan Debt in MT
Date: Thu, 03/04/2010 - 15:11
Zip.19
Ameriloan
Magnum Cash Advance
Can anyone help me find out it they are leagally licensed in Montana. Trying to figure out how to get out of this debt.
Hi there and welcome, let me do a little research and I will get
Hi there and welcome, let me do a little research and I will get back with you.
Click the link below to read your payday loan laws: http://www.p
Click the link below to read your payday loan laws:
http://www.paydayloaninfo.org/stateinfo/MT.asp
Montana requires Internet lenders to be licensed by your state, you can check at the link below but none of yours are:
http://banking.mt.gov/licensees.mcpx
You need to close out your account asap, then CLICK HERE to find out how to deal with illegal lenders.
Thank You, I closed my account today and my bank verified that
Thank You, I closed my account today and my bank verified that I am protected now. I have rolled each of these over in the past and am currently looking to see how much in fees and interest I have paid in that time. Am I to understand that those fees and interest should be applied to the the current loans since I only am responsible for the interest?
That should read only responsible for the principle
That should read only responsible for the principle
Quote:Originally Posted by AnonymousThank You, I closed my acco
Quote:
Originally Posted by Anonymous Thank You, I closed my account today and my bank verified that I am protected now. I have rolled each of these over in the past and am currently looking to see how much in fees and interest I have paid in that time. Am I to understand that those fees and interest should be applied to the the current loans since I only am responsible for the interest? |
Please read the thread on how to deal with illegal lenders, all your questions will be answered in that thread. Also, all you owe any unlicensed lenders is the amount you borrowed to begin with less and payments, fees or interest.