how to handle harassing phone calls in Ohio
Date: Thu, 11/20/2008 - 10:13
I am being harassed by a storefront pdl - Ace Cash Express - I have paid $115 of $400 and trying to make arrangements on the last of this. They want it in 2 payments and after hearing over and over again that I had to take it or leave it, I agreed. Now I want to renegotiate this and want to know how I can do this. The storefront sent me to the corporate office and that is where i got the call. Also I have an internet pdl from paydayloanonline. They seem to be easy to work with but want to get a better pay off on a $300 loan that I have paid $60. Also I have one with Rapid Cash Management for $200 but they will not email me anything and will only deal with me over the phone. I told them to send me something in writing so I can negotiate and they outright refuse. These would have been paid off by now except my fiance's pay stopped temporarily without warning.Any advice/help would be appreciated.
You've to follow the payday loan laws of Ohio: - Quote:Legal St
You've to follow the payday loan laws of Ohio: -
Quote:
Legal Status: Legal (Applies to check cashers only) Citation: Ohio Rev. Code Ann. ???????? 1315.35 et seq. Loan Terms: Maximum Loan Amount: $800 Loan Term: Max: 6 months Maximum Finance Rate and Fees: $10/$100 + 5% per month Finance Charge for 14-day $100 loan: $15 apr for 14-day $100 loan: 390% Debt Limits: Maximum Number of Outstanding Loans at One Time: One Rollovers Permitted: None (cannot refinance) Cooling-off Period: Repayment Plan: Collection Limits: Collection Fees: Bank charges (if disclosed); $20 collection charge; Court Costs; damages Criminal Action: Not Specified Where to Complain, Get Information: Regulator: Ohio Division of Financial Institutions Address: 77 South High Street, 21st Floor Columbus OH 43215 Phone: (614) 728-8400 Fax: Regulatory Contact: Robert M. Grieser,, Deputy Superintendent for Consumer Finance |
