Storefront PDL question
Date: Mon, 03/28/2011 - 05:04
Is it legal for storefront pdls to charge very high rate of Interest from us and if online pdls are illegal - Are all storefronts legal to lend in all states?
Some states allow for one and not the other, but 99.9% of the ti
Some states allow for one and not the other, but 99.9% of the time a storefront is legal. This is because of the ability to find them. Internet lenders scoff at licensing requirements due to the ability to hide.
It would help if you would give us more info. What state are yo
It would help if you would give us more info. What state are you in? Who is the lender? Did you obtain a loan from them via the storefront location or via the internet?