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pdl mess; need help

Date: Thu, 05/20/2010 - 05:03

Submitted by anonymous
on Thu, 05/20/2010 - 05:03

Posts: 202330 Credits: [Donate]

Total Replies: 4


I have the following pdl, all of which are internet loans:

Sandpoint Capital, borrowed 300, have paid 450

Pay1Day.com, borrowed 400, have paid 205.00

Pack Management Group, LLC, borrowed 300, have paid 450

SignmyLoan.net, borrowed 400.00, have paid 394

Payment Direct INC, borrowed 200.00, have paid 356

Yellowdale.com, borrowed 200.00, have paid 228

I live in Oklahoma and have renewed each loan everytime it comes due and I am current.

I would like to either consolidate these loans or find out if they are legal and proceed from there. 1/2 of my paycheck now goes to these fees every two weeks and I am getting more and more behind with my house, car and utility payments.


First of all, your payday loan laws are at the link below:
http://www.paydayloaninfo.org/stateinfo/OK.asp
Oklahoma requires Internet payday lenders to be licensed in your state, the payday loan licensee dat base doesn't seem to be operating at this time but I will give you a link to the regulators website so you can check the licensing status of your lenders:http://www.ok.gov/okdocc/

I know for certain that Sandpoint is not a licensed lender in your state but I'm not sure about the rest of them, CLICK HERE to find out how to deal with unlicensed lenders.


lrhall41

Submitted by Shazzers on Thu, 05/20/2010 - 07:03

( Posts: 17344 | Credits: )