Arizona Laws
I think the following information may help you: - Quote:Arkan
I think the following information may help you: -
Quote:
Arkansas State Information Legal Status: Legal (Applies to check cashers only) Citation: Ark. Code. Ann. ???? 23-52-101 et seq.; Ark. Const. art. 19, ???? 13 Loan Terms: Maximum Loan Amount: $400 Loan Term: 6-31 days Maximum Finance Rate and Fees: 10% of check + $10; $5 ID card Finance Charge for 14-day $100 loan: $22.22 apr for 14-day $100 loan: 579% Debt Limits: Maximum Number of Outstanding Loans at One Time: One per location Rollovers Permitted: None (cannot renew or consolidate) Cooling-off Period: Repayment Plan: Collection Limits: Collection Fees: NSF fee; Court Costs; Reasonable Attorney's Fees Criminal Action: Prohibited (Unless check returned due to closed account or stop-payment by maker) Where to Complain, Get Information: Regulator: Arkansas State Board of collection agencies Address: Division of Check-Cashing Companies, 523 Louisiana Street, Suite 460 Little Rock AR 72201 Phone: (501) 371-1434 Fax: (501) 371-1440 Regulatory Contact: Peggy Matson,, Executive Director |
Most of the time store fronts are operating legally in your stat
Most of the time store fronts are operating legally in your state, so the bad news is that yes, they probably can sue you. They can also sell your accounts to collection agencies, and then the CAs can sue you.
If you list each company name, amount borrowed, and amount paid so far, someone else may be able to give you additional advice.
Good catch soaplady...I am sure that phoneix just got confused..
Good catch soaplady...I am sure that phoneix just got confused..and will be posting arizonia laws soon.
Arizona laws: Quote:Arizona State Information Legal Statu
Arizona laws:
Quote:
Arizona State Information Legal Status: Legal Citation: Ariz. Rev. Stat. ???? 6-1251 et seq. Loan Terms: Maximum Loan Amount: $500 Loan Term: Min: 5 days Maximum Finance Rate and Fees: 15% of check Finance Charge for 14-day $100 loan: $17.65 apr for 14-day $100 loan: 459% Debt Limits: Maximum Number of Outstanding Loans at One Time: One Rollovers Permitted: Three (extensions) Cooling-off Period: Repayment Plan: Collection Limits: Collection Fees: $25 NSF fee + actual charges assessed by the financial institution Criminal Action: Prohibited Where to Complain, Get Information: Regulator: Arizona Department of Financial Institutions Address: Financial Enterprises Division, 2910 N. 44th Street, Suite 310 Phoenix AZ 85018 Phone: (800) 544-0708 Fax: (602) 381-1225 Regulatory Contact: Robert Charlton,, Assistant Superintendent of Banks |
Greenpicket.com/Northland Financial
Here is the latest update..After faxing my letter stating they are not legal in Arizona or the US, and someone today made a very insulting call to me without giving me a name...Now I after trying to sign in their website to see any more activity with them reloaning with out my consent on a closed bank account. I cannot sign in anymore....Of course, I printed everything up before I sent the faxes. Anyone have any knowledge what they will try to do next?