Cash Jar

Quote:

Originally Posted by Anonymous Does anyone know if Cash Jar is legal? Also, how do I find out if Internet payday loans are legal in New Mexico? Thanks!

Check at the link below, if they aren't listed, they aren't legal:
http://mylicenseverification.rld.state.nm.us/mylicenseverification/Search.aspx?facility=Y

Quote:

Originally Posted by Anonymous Does anyone know if Cash Jar is legal? Also, how do I find out if Internet payday loans are legal in New Mexico? Thanks!

Hi-
They were not listed as legal in my state (MN). I had paid them over $1250 and still owed over $600 (we borrowed $475). After investigating here and other sources, I wrote them a letter via email and filed complaints with the BBB, FTC, and attorney general. I demanded a full refund.
I went to my bank and disputed the past 90 days of payments to them, then after I received about $600 back, I closed my account. I don't feel guilty one bit. They still got more than they deserved. $475 + a good amount of interest.
They wrote me a letter stating that they don't have to follow MN law because they are in Belize; however, they would consider the account paid in full. Interestingly, Minnesota law indicates that it does not matter where the business is located, they must follow MN law. No matter, got my letter and most of what I overpaid back.