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Plaingreen & Spot On Loans - Wisconsin

Date: Fri, 06/01/2012 - 19:48

Submitted by missellie
on Fri, 06/01/2012 - 19:48

Posts: 7 Credits: [Donate]

Total Replies: 3


[COLOR=black]I'm pretty sure that both of these lenders are illegal to lend in Wisconsin, but I just wanted to make sure I'm under the correct assumption before I send them letters, as I know PDL laws in Wisconsin are a bit tricky. They are both tribal, so I'm guessing that means they are pretty much not legal to lend anywhere. Is this correct?[/COLOR]

[COLOR=black]I have an installment loan for $1000 with Plaingreen that I've paid $610 so I still owe $390.[/COLOR]

[COLOR=black]I had two $500 loans with Spot On Loans on- one I've paid $985 and the other I've paid $450. Can I consider Spot On Loans as PIF?[/COLOR]

[COLOR=black]Also, when I send my ACH revocation letters, do I say that they are not legal to lend in Wisconsin because they are not licensed? How in-depth do I need to be?[/COLOR]

[COLOR=black]Thanks,[/COLOR]


Does anyone know if Spot On Loans and Plaingreen loans are illegal in Wisconsin? Please help, I need to send out letters, but I want to make sure I'm correct on my assumption that they are illegal.

Thanks so much.


lrhall41

Submitted by missellie on Sun, 06/03/2012 - 19:44

( Posts: 7 | Credits: )


Thanks so much for the response. I just wanted to make sure before I sent out my letters. I have already closed my bank account and I was scheduled for debits to hit today. So, I'm sending my email right now.

Thanks again


lrhall41

Submitted by missellie on Mon, 06/04/2012 - 19:45

( Posts: 7 | Credits: )