cash direct express
Date: Sun, 01/16/2011 - 15:44
GOVERNING LAW, ASSIGNMENT AND EXECUTION: This Loan Agreement is governed by the laws of the State of Delaware, as it is the State in which Your
Application is received, the Loan Agreement is entered into, the Loan is approved and funded and where payment is received by Us in fulfillment of Your
obligations under the Loan Agreement. We may assign or transfer this Loan Agreement or any of Our rights hereunder. If this Loan Agreement is approved by
Us, then You agree that the electronically signed Loan Agreement We receive from You will be considered the original executed Loan Agreement, which is
binding and enforceable as to both parties.
Any thoughts....
That is a typical response from them, your state law prevails.
That is a typical response from them, your state law prevails.
To be clearer, the state laws apply to you, where you have presence.
By the way, they may have an address in DE., but they have no li
By the way, they may have an address in DE., but they have no license there either, I checked the licensee data base in DE.
No payday lender can alter the laws to accommodate their busines
No payday lender can alter the laws to accommodate their business.
Jennifer. I recently had a loan with them I was paying the inte
Jennifer. I recently had a loan with them I was paying the interest and paid some of the principal. I recently defaulted on it and they sent me to Alliance Assets a collections agency. I took some advise from Shazzers and copied one of her letter posted on her thread Dealing with Unlicensed Lenders. I received a response within 48 hrs saying my loan is Paid in Full. It said that they are licensed in Delaware where your loan was received but since they want to keep customers happy they are writing off my loan and refunding me the interest I paid over the principal. So... Obviously they are aware they are in the wrong. I was shocked and relieved.