Kentucky laws
Date: Tue, 05/22/2012 - 04:36
I live in Kentucky and have two payday loans I recieved over the internet from Utah I believe. I have being paying on them for a very long time now, the money automatically comes out of my account. I am at a point now where I am going to lose my car because I can't make payments due to all of this money coming out of my account. I am thinking of closing my checking account. At that point, what laws do I fall under regarding this debt, Kentucky or Utah? I feel like I am drowning and I don't know what else to do.
You can read the laws here.. http://www.debtconsolidationcare.
You can read the laws here.. http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html
Rollovers are not permitted in Kentucky and from what I am reading, only check cashiers are permitted to lend PDL's.
Follow the instructions in my signature line on how to deal with il loans.