I live in the state of MD. How do I know whether are illegal payday lenders?
Date: Wed, 12/12/2012 - 06:17
they are causing my account to over draft.....
HELP!!!!
You may also want to contact
You may also want to contact the Maryland Commission of Financial Regulation, 500 North Calvert Street, Suite 402, Baltimore, MD 21202, 410-230-6100, finreg@dllr.state.md.us They along with this great site will help you get out of the payday loan trap.
Please don't create double
Please don't create double post. Your question has already been answered in another thread.
Lending of payday loans is not legal in MD. So, you're only required to pay the principal amount. No interests or fees.
Are you confident that you've taken out a loan from Cash Net USA?
causing my account to over draft
Yeah…my previous poster is right. Payday lending is prohibited in Maryland. It means all lenders are illegal in your state. You owe principal only. Close down your bank account and open a new one to stop unauthorized withdrawal. Don’t pay them any interest or fees. Ask them for a refund, if you have overpaid them.