Florida payday laws

Date: Mon, 10/15/2012 - 17:19

Submitted by anonymous
on Mon, 10/15/2012 - 17:19

Posts: 202330 Credits: [Donate]

Total Replies: 3

Hello I have multiple payday loans and have paid much more than the original balance on almost all of them. It is confusing trying to figure out the Florida laws regarding this. Any advice?

Thanks so much!

List out your lenders, how much you borrowed and how much you ha

List out your lenders, how much you borrowed and how much you have paid back.

lrhall41

Submitted by SOAPLADY on Mon, 10/15/2012 - 17:45

( Posts: 17315 | Credits: )

You can find the Florida laws here: http://www.debtconsolidation

You can find the Florida laws here:
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html

But all of this will not be of much help unless you can figure out which of the lenders are not legal in FL. So you should post the names and we will go around finding out which ones are illegal.

lrhall41

Submitted by Steve Barris on Mon, 10/15/2012 - 22:42

( Posts: 1043 | Credits: )

You will have to pay both the principal and interest, if your le

You will have to pay both the principal and interest, if your lenders are licensed in Florida. But in case if they are illegal, then you owe principal only. In this situation, ask them for a refund as you have overpaid them. So I think it would be better for you to contact with Florida Office of Financial Regulation to find out the legality of your pdl companies.

lrhall41

Submitted by on Mon, 10/15/2012 - 23:02

( Posts: | Credits: )