Question about PDL...
Date: Tue, 07/27/2010 - 20:57
Submitted by Jennifer Dickinson
on
Tue, 07/27/2010 - 20:57
Total Replies: 4
What is an "unlicensed lender"?
Usually an online payday lender who has not obtained required li
Usually an online payday lender who has not obtained required licensing per state laws.
So, that would mean NONE of the internet PDLs are supposed to le
So, that would mean NONE of the internet PDLs are supposed to lend to the New York folks, right? If that's the case, where are the loopholes happening? I am from NY, yet I am able to get PDLs. I am a bit confused, thanks for your patience.
Quote:Originally Posted by Jennifer DickinsonSo, that would mean
Quote:
Originally Posted by Jennifer Dickinson So, that would mean NONE of the internet PDLs are supposed to lend to the New York folks, right? If that's the case, where are the loopholes happening? I am from NY, yet I am able to get PDLs. I am a bit confused, thanks for your patience. |
If a N.Y. resident obtains an Internet payday loan KNOWING it is prohibited in your state then you are lowering yourself to these illegal lenders standards.
Regardless of the legality of a loan you still have a moral obli
Regardless of the legality of a loan you still have a moral obligation to pay back what is borrowed! Not to do so puts you in a lower status then the lender!
