Update from Attorney General
Date: Fri, 10/16/2009 - 04:55
I got a letter back from the Attorney General. Apparently Cityview responded.
They actually provided a breakdown of what I was loaned, what I paid and how much "they" feel I how.
I called my contact at the Attorney General's office and read the statutes to him and said. I realize they say I only owe $45.00 but, they violated state law, extensions are now allowed, you can't charge more then a $15.00 fee per hundred, and they loaned more then the state alllowed and they aren't licensed.
I plan on sending all this information in detail back to the Attorney General's. I told the AG that paying $200 a month for a $400 loan is against the law. He seemed to agree.
Will see what happens.
They actually provided a breakdown of what I was loaned, what I paid and how much "they" feel I how.
I called my contact at the Attorney General's office and read the statutes to him and said. I realize they say I only owe $45.00 but, they violated state law, extensions are now allowed, you can't charge more then a $15.00 fee per hundred, and they loaned more then the state alllowed and they aren't licensed.
I plan on sending all this information in detail back to the Attorney General's. I told the AG that paying $200 a month for a $400 loan is against the law. He seemed to agree.
Will see what happens.
your AG is like mine.doesn't buy the double talk from ipdl's.tha
your AG is like mine.doesn't buy the double talk from ipdl's.that's great.things are looking great for you.
