It seems a frequent topic in the world of payday loans is off shore lending. The reason lenders go offshore is very simple…to avoid legislation. The reality of the situation, however, is that they are not at all offshore. They register companies in places like the Bahamas, or Grenada as we often see, and claim to be offshore entities not bound by the laws of our nation. Cute, but not quite reality. In fact, they live in our communities.