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Illegeal lenders in Ohio

Date: Fri, 07/19/2013 - 11:27

Submitted by anonymous
on Fri, 07/19/2013 - 11:27

Posts: 202330 Credits: [Donate]

Total Replies: 6


Need to know if the following online lenders are illegal in Ohio

National - Payday loan 18886788567
West river cash 18888907700
Best choice 123 18005288066


all three are illegal in every state so go to helpinaz's primer on dealing with illegal lenders.


lrhall41

Submitted by paulmergel on Fri, 07/19/2013 - 11:46

( Posts: 15514 | Credits: )


He is talking about the link below in my signature - how to deal with unlicensed - illegal lenders - follow all steps in order.. very important - if you have any questions just ask..


lrhall41

Submitted by HelpinAZ on Fri, 07/19/2013 - 16:14

( Posts: 1870 | Credits: )


Not to mention interest rates higher than allowed in Ohio -
Loan Specifications
Maximun Amount of Loan - $500
Term of Loan - 31 days
Maximum Rate of Finance and Fees- 28% per annum
Finance Charge on $100 loan for a 14 day period - $1.08
APR for $100 loan for a 14 day period - 28%

And the fact that even online lenders must be licensed to lend in Ohio -this is one of the biggies...


lrhall41

Submitted by HelpinAZ on Sun, 07/21/2013 - 14:06

( Posts: 1870 | Credits: )