Question re: state laws

I live in PA, is the below statement true?


This is a St. Vincent company. St. Vincent andthe United States are both parties to theGeneral Agreement on Trade in Services, atreaty which specifically permits companies inone country to make consumer loans tocitizens of the other. Under the treaty, weare only obligated to follow the federal laws ofthe United States. We are not required toobtain licenses and individual state laws do notapply since the federal laws adopting thistreaty supersede any state???s laws on thesubject. I can provide you with the payment options.

Thank you in advance.

No... it's crap. How could you think "we don't have to follow the law" is valid??

Payday loans are illegal in PA. This is a scam. Typical letter they send to just about everyone.

Please do not post the same question more than once.

that is typical BS from an offshore lender.answer this way.


since i know better.my state laws apply so unless you want to extradite me to st.vincent(btw i could use a free vacation)you are as illegal as a summer day is long so shovel the BS to someone who doesn't know any better.

respond that way.