payday loan

Date: Sun, 07/24/2011 - 19:13

Submitted by nervous
on Sun, 07/24/2011 - 19:13

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Total Replies: 2

what are the laws in iowa for an internet paydayloan and i was wondering if u have heard of the company named capital because they say they are sending an officer out to arrest me

Payday lending is legal in the state of Iowa. In such a situatio

Payday lending is legal in the state of Iowa. In such a situation, you need to contact the Iowa Division of Banking in order to find out whether or not your payday lender is legal in your state. If not, then they cannot take any legal actions against you. Moreover, defaulting on payday loans is not a criminal offense. In such a situation, they won???t be able to arrest you. They are just trying to scare you.

lrhall41

Submitted by Anna Sweeting on Sun, 07/24/2011 - 19:33

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I agree with Anna. If the lenders are not licensed to operate in

I agree with Anna. If the lenders are not licensed to operate in your state, then you are required to pay only the principal amount. To know more about how to deal with illegal payday lenders, glance through the following link:
http://www.debtconsolidationcare.com/paydayloan/illegal-pdl-dealings.html

lrhall41

Submitted by sally.nachelle on Mon, 07/25/2011 - 03:17

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