Indiana Payday Loans
Date: Mon, 05/07/2012 - 19:34
Online Advance
American Web Loan
MyCashNow
VIP Loan SHOP
Are these companies legal in Indiana? What am I obligated to pay?
Online Advance DE based PRETTY SURE ILLEGAL American Web Loan
Online Advance DE based PRETTY SURE ILLEGAL
American Web Loan TRIBAL....ILLEGAL
MyCashNow Anguilla, BWI ...OFFSHORE...ILLEGAL
VIP Loan SHOP Nevis West Indies OFFSHORE ..ILLEGAL
Follow the link in my signature line as to how to deal with illegal loans. a
Online Advance IS illegal. There is no need to guess.
Online Advance IS illegal. There is no need to guess.
Garnishment
I have closed my bank account and opened a new one. The accounts are not linked, and I know that they tried to pull money from the old one and it did not work or re-open the account, etc. My question is, can they garnish my wages, or try to?
No, illegal lenders cannot garnish your wages. For that they wou
No, illegal lenders cannot garnish your wages. For that they would need a court order and if they do make the stupid mistake of taking you to court, you can always play the 'the contract is worthless because the lender is unlicensed/tribal/offshore' card and win the case.
If you signed a voluntary wage assignment as part of your loan a
If you signed a voluntary wage assignment as part of your loan agreement, they certainly can send it to your employer and many employers will honor it and start garnishing your wages.
These are easily revoked. Send an email/letter/fax to the lender stating that you revoke any wage assignment you may have signed and then give a copy to your employer to cover yourself.