Questions about online loan companies
They are illegal lenders, and
They are illegal lenders, and also payday loan lending is not legal in Mary loans. So, you are liable to repay only the principal amount.
Submitted by Sanders Patricia on Fri, 09/20/2019 - 05:30
Payday lending in Maryland is
Payday lending in Maryland is illegal so you don't have to bother about the interest, just pay the principal.
Can you tell me if the
Can you tell me if the following lenders are legal in Indiana
MaxLend
Greenpine
GreenTrust
Bridge lending
Bright lending
Elastic
Mobile loans
Thank you. If I have loans
Thank you. If I have loans with these illegal companies, what should I do to stop collections of interest? Can I request that they do not withdraw from my account any longer? Will they take legal action?
MaxLend - Tribal. Illegal
MaxLend - Tribal. Illegal
Greenpine - Tribal. Illegal.
GreenTrust - Tribal. Illegal
Bridge lending - Tribal. Illegal.
Bright lending - Tribal. Illegal
Elastic - Legal.
Mobile loans - Tribal. Illegal.
You just need to repay the
You just need to repay the principal amount to the legal lenders. The collection agency can do nothing to you. Just relax!
Submitted by Sanders Patricia on Mon, 09/30/2019 - 06:44
Thank you. If I have loans
Thank you. If I have loans with these illegal companies, what should I do to stop collections of interest? Can I request that they do not withdraw from my account any longer? Will they take legal action?
Revoke ACH authorization so they can't withdraw from your account any longer. They can't take legal action against you. They can say a lot of things. But they can't do any harm to you.
Yes, you can. If they don't
Submitted by Sanders Patricia on Mon, 10/14/2019 - 05:46
Payday loans are not legal in
Payday loans are not legal in Maryland. So, if you're facing problems, contact a consolidation or settlement company to find your way out. However, you can just arrange the principal amount and shrug off your debts.
Moneykey - Illegal in
Moneykey - Illegal in Maryland. Licensed as a Credit Services Organization (CSO) and Credit Access Business (CAB) in Ohio and Texas
Money Lion - Legal lender.
These are the general information on these 2 lenders. But as per the state laws, payday loans are not legal in Maryland. You have to pay only the principal amount.
Thank you so much for your
Thank you so much for your help. I found out actually that what I thought Was Money Lion , is actually BetterCash.
BetterCash is charging 189% interest.
Bi weekly pmts of $193
Principle amount:: 2500
For 20 payments.
Do you guys have any information on this company? Does not seem legal because our small loan percentage cap like 24-33 %
Better Cash is illegal. Money
Better Cash is illegal. Money Lion is also known as Better Cash.