usury laws letter

I have with payday ok. What letter are you going to use? I even tried to give them the principle, they refused, apologized, and said that there would be no further contact with them, EVER. They just stopped everything. Pdls are illegal in NC.

Just found this in the Oklahoma in Oklahoma law
which require $15 per $100, licensed in the state and no more then two payday loans, and no more then a total of 4 loans in a row before cool off period.

The provisions of this act shall apply to transactions if the lender, wherever located, enters into the transaction with the
debtor by mail, brochure, telephone, print, radio, television, Internet, or any other means.??? Okla. Stat. Tit. 59 Sec. 3103.C.

it states internet. yeah!!!

But how much of a hard time will I get with these companys

Apple
sonic cash
payday ok
payday select
zip cash although i have a payment arrangement
usa payday have arragements
1000-no-fax-payday-loan

nationwide debited my account for the whole amout in 10 different transaction while trying to make arragements glad it is over but thinking of pursuing legal action.

They will ALL try to say that if they don't operate in your state then your stats laws do not apply. That is crap. There are laws called the "long arm of the law" or "personal juristiction" laws. Basically what these mean is this: Where the loan was MADE is the juristictional law that prevails. MADE: The actual acceptance and signiture either written or electronic.

I would say all of them are going to give you a hard time. Hold your ground. BTW I would seek legal action.

I had good luck with payday ok, and Apple. Apple was actually polite...I doubt they'll give you a hard time at all. 1000-no-fax-payday-loan is Rio...They could go either way. I've heard people say they are extremely difficult, and others had absolutely no problems with them. Things were pretty smooth for me with them, but I swear, Apple should get some kind of award, they were so darn nice.

I'm just wondering if you find out that pdls are illegal in your state or that your state limits them do you then feel you don't have to pay back money you bnorrowed from them?

FYI you should always pay back what you borrowed! It's when you paid more than your state allows in fees and interest that there is a problem. But always pay back what you owed.