Arizona Residents
Date: Fri, 01/19/2007 - 01:40
Hello,
I am currently a resident of Arizona and after researching on the internet, I believe I am reading correct in the fact that a PDL company may only extend a loan a maximum of 3 times??
I have a couple of PDL companies that have charged the $90 interest charge more than three times without deducting extra from the principal. What should I do in these situations?
Also, for Arizona residents, can a company extend more than three times if deducting from principal??
I guess I am a little lost and some guidance would greatly be appreciated.
Thanks in advance.
I am currently a resident of Arizona and after researching on the internet, I believe I am reading correct in the fact that a PDL company may only extend a loan a maximum of 3 times??
I have a couple of PDL companies that have charged the $90 interest charge more than three times without deducting extra from the principal. What should I do in these situations?
Also, for Arizona residents, can a company extend more than three times if deducting from principal??
I guess I am a little lost and some guidance would greatly be appreciated.
Thanks in advance.
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-law
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html
Dispute the charges with the loan company. Show the laws in front of them and request to send a corrected statement. If they aren't charging according to the laws mentioned in your state, report to your state AG and make them aware of your actions.
