State AG's Office
Date: Wed, 01/11/2012 - 09:35
The reason that I wanted to share this becuase some people might think that it's a waste of time to file a complaint with the AG but I am here to tell you that it is definitely worth your time, specifically if you reside in a state with consumer friendly laws.
If found my state ag's info through google and was able to file all of the complaints online so it was really easy, although I know this will vary from state to state. Good luck to everyone else-lets all work toward being pdl free!
Thanks a lot Rocky Racoon???:D for sharing your experience w
Thanks a lot Rocky Racoon???:D for sharing your experience with us. I hope it will help all of the forum members. Good to know that you have become successful by filing complaints to the State AG's Office.
State AG's Office
I have a total of four pd loans that I have found out are illegal in my state five if you include Western Sky. In my state, my State AG and Department of Financial Institutions (DFI) does. All the loans are from tribal lenders.
I live in Washington State. I have contacted the AG's office and they directed me to the DFI which which regulates payday loan lenders in Washington. The DFI stated that because they are tribal lenders the DFI cannot file suit against them as it would be a Federal matter.
DFI did tell me that the lenders are are, however, not licenced in Washington state thus the loans are considered unenforceable and uncollectible. I have also filed with the FTC for these companies. Washington State DFI has added two of the companies their files for consumer alerts of illegal loan lenders. The others were already on their files.
Besides Western Sky Financial LLC., I have loans with Blue King, Fast 500 Cash, United Cash and Mobiloans. I was instructed to open a new bank account and monitor my credit report for fraud and scams as these tribal lenders now have my SSN and other personal information.
While your state AG or DFI may not be able to fully help you in going after the illegal lenders such as tribal lenders, they will be able to give you solid information in protecting your self and keep a record to be able to go after these lenders in the future if necessary.