on-line pay day loan debt elimination
Date: Fri, 10/24/2008 - 16:42
pleas tell me the best way to go. what should I do first?
What state are you from and what internet payday loan companies
What state are you from and what internet payday loan companies do you have loans with? How much have you paid each company?
online pdl laws varies from one state to another. Check your sta
online pdl laws varies from one state to another. Check your state pdl laws.
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States that require internet based pdl's to be licensed by that state: Alabama Alaska Arizona California Colorado DC Deleware Florida Hawaii Idaho Illinois Indiana Kansas Kentucky Lousiana Maine Michigan Missippi Missouri Montana Nebraska Nevada New Hampshire New Mexico North Dakota Ohio Oklahoma Oregon South Carolina South Dakota Texas Utah Washington Wisconsin - If the online company solicited you Wyoming In the above states the internet payday loan company must be licensed by that state and follow that state's laws. |
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The following state allow an internet based payday loan company to lend legally as long as it is licensed in any US State. They would need to follow the laws of the state they are licensed out of, not the state the consumer is in. Arkansas Minnesota Pennsylvania Rhode island Tennessee Wisconsin |
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The following state are known to have payday loan companies acting as CSO's (Credit Service Organizations). This means they do not need to be licensed, and are generally 100% legal in what they charge. Florida Maryland Texas |
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In the following states internet payday lenders are not legal, either because of restrictive laws, or because the state does not license companies not located in that state, but requires a state issued license to lend. Connecticut Georgia Iowa Maryland Massachucetts New Jersey New York North Carolina Vermont Virginia West Virginia |