Tennessee help
Date: Thu, 10/06/2011 - 12:09
Ok, I have been reading through some threads. Correct me if I am wrong, but United Cash Loans are not legal in TN. I have 3 loans with them, 200 paid 240, 300 paid 270 ( I think is right), and 400 paid I think 360. I should only owe the principal, although it Is going to be a hassle. I am having to close our account because we have paid close to $700 in OD fees to the bank in the last month. I, like most here, tried to fix problems but in hindsight created more. We already have a new account opened and my wife's check will be going there next payday. Mine on the other hand won't. I have requested paper checks be sent until it can get changed over. They stated they couldn't change it that quick and this one will probably go in anyway. What would happen if my check tried to deposit to a closed account? Also, should I just follow the other pieces of direction in closing these PDLs out? :confused:
contact the Tennessee Department of Financial Institutions your
contact the Tennessee Department of Financial Institutions your payday lender is licensed to operate in your state. If illegal, then you would be liable for paying only the principal.
If you close your account, your direct deposit will bounce back
If you close your account, your direct deposit will bounce back and they will issue a check.
The contact detail of the Tennessee Department of Financial Inst
The contact detail of the Tennessee Department of Financial Institutions is as follows:
# Address - 511 Union Street, Suite 400 Nashville TN 37219
# Phone - (615) 741-2236
# Fax - (615) 532-1018
