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Tennessee and online payday loans

Date: Thu, 04/01/2010 - 03:39

Submitted by William Hammonds
on Thu, 04/01/2010 - 03:39

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Total Replies: 4


My question is about whether any of the companies I have loans out with are licensed in TN or are illegal.
LoanPoint USA
Apex 1 Processing dba/ Cash Advance Network
United Cash Loans
PayDay One of Delaware
Apex 1 Processing dba/ Paycheck Today
500Fast Cash
Any help would be greatly appreciated.


Tennessee is another state that has no meaningful history of taking action against unlicensed lenders. The AG's office might send a few form letters out when collectors cross the line, but the banking authorities don't seem to be into consumer protection at all.


lrhall41

Submitted by on Fri, 04/02/2010 - 18:06

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Quote:

Originally Posted by Anonymous
Tennessee is another state that has no meaningful history of taking action against unlicensed lenders. The AG's office might send a few form letters out when collectors cross the line, but the banking authorities don't seem to be into consumer protection at all.

Very true.


lrhall41

Submitted by Shazzers on Fri, 04/02/2010 - 18:28

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