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Delaware Attorney General tells me...

Date: Tue, 04/29/2008 - 19:13

Submitted by goldhelmet
on Tue, 04/29/2008 - 19:13

Posts: 96 Credits: [Donate]

Total Replies: 10


Eastside Lenders(of Delaware) does not have to follow Oregon law when loaning to me (I'm a resident of Oregon). The Oregon Department of Finance and Insurance has told me twice that this is NOT the case. The person who called me from the Delaware AG's office today said "she'd never heard of such a thing" when referring to have to follow some other state's law when it comes to payday lenders in Delaware, and that "she's been doing this for a very long time". No wonder Eastside Lenders says that they are "prepared to go to arbitration". I've offered to pay back the remaining principal, and they're still insisting I owe the full amount including the 995% interest.

Hmmm.... Is this complacent arrogance that comes from being the usury capital of the United States of America? No wonder banks flock to Delaware. :shock:


yes golden,the delaware AG told me the same thing in regards to eastside and GECC aka CASH DIRECT EXPRESS.
incredible.of course my AG in illinois had a different point of view.


lrhall41

Submitted by paulmergel on Wed, 04/30/2008 - 07:05

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