Payday loans in Maryland

All payday loans are illegal in Maryland,.

That said, follow the link in my signature line on how to deal with illegal lenders.

Payday loans are illegal in Maryland. I believe the only legal one is CashNetUSA as they are a CSO (this may no longer be true). You are heading in the right direction of closing your bank account. You may also want to contact the Maryland Commission of Financial Regulation, 500 North Calvert Street, Room 402, Baltimore, MD 21202, (410) 230-6100. They are a great help in dealing with illegal lenders along with this great site. I know there is a link on how to deal with the illegal ones. One of our moderators will give you that link. I hope that you are not declaring bankruptcy because of the payday loans. You are only morally obligated to pay back the original amount borrowed. If paid back more than the principal, then you can request a refund. Good luck!:o

Thanks for the quick responses. I will do that. No, I am in a Chapter 13 now and will be converting next pay. I would just prefer not to have to pay the additional money to file to list them. Cashnet is legal but they really don't want to give me a set repayment plan. Will have to bug them I guess.:rolleyes:

Hello Again,
Can you tell me which tread has the procedures on how to start my journey? Do the letters have to be USPS or can they be emailed?

Thanks again...

You can email, look above for Soap Ladys signature for how to deal with illegals! Good luck!

Hello All,
Well, I have heard back from Payday Advance. This is what they said:

When you do transactions on our website, you are agreeing to abide by the rules and regulations of Costa Rica, where we are incorporated. Regardless, you have been with us as a good client and I am willing to close out your account. Your account with us would still show a balance owed of $400, but your file will stay in our office and no collection action of any kind will occur.

I wrote this back:
That is fine but my attorney is saying he needs an address, phone number and account number to provide to the courts. He is telling me this email is okay, but that you may come back after bankruptcy is discharged.... He is also stating that I have overpaid on this PDL and should be due a refund.

Payday Advance Says:
All of the fees paid to us are fees that were earned by us in exchange for providing you with a useful service which you have voluntarily entered into. All of the fees that we charge are clearly stated and disclosed on our website, and also on the agreements and forms that we use. As a courtesy to you, and with the condition that you nor any representative of you will not be asking for any refund of the fees already paid by you, I will close out your account with an account balance of zero. Previously, there was a $400 that was owed on your account. Please respond to me and let me know whether you accept the above conditions for closing out your account with a balance of zero.


This is what I sent to GreenLight Funding:
I am writing to let you know that I am filing Chapter 7. My bank account will be closed due to to to many overdrafts. Unfortuntaly, my husband had some outstanding bills with my name on them and my account was affected. According to my attorney, I need to send a cease and desist letter because you are not authorized to make payday loans to Marylanders and you are not registered with the State of Maryland. Please confirm and if you can show us your are registered, please send me information. If not, please send an email showing the account is paid in full. If you are, I can pay off the principal in 1 payment. I will be using my Paypal account until I am able to open a new bank account. I show I owe maybe $252. If so, I can pay that on 6/11 using my Paypal account.
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Greenlight said:
[FONT=Arial][FONT=Arial][SIZE=2][COLOR=blue][COLOR=blue]Thank you for contacting us about your account. Once official bankruptcy documents are received your account will be update as such.[/COLOR][/COLOR][/SIZE][/FONT]
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[/FONT]I said:
Please send address, phone number and amount owed. Information will be given to my attorney for him to file with the courts.

Thank You

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Now, I know I owe Greenlight $252 of a $400 dollar principal. I only paid them $148. Should I go ahead and send that in?
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No response from the rest yet. CashAdvanceUSA says they will get with me soon. I guess they are waiting until I miss a payment then send it to collections.