legal v. illegal

Date: Tue, 10/09/2012 - 08:42

Submitted by anonymous
on Tue, 10/09/2012 - 08:42

Posts: 202330 Credits: [Donate]

Total Replies: 3

I have read this column and it is stated that some loans are illegal. What determines if the loan is legal or illegal? My concerns are: MyPayDAyLoan.com; Check City; USA Web; St. Armand; United Cash; Greensight.com (Goldline Funding) and First Cash Direct. I am also wondering about [COLOR=#51a728]Internet[/COLOR][COLOR=#0165b3]Payday[/COLOR][COLOR=#51a728]Loan. I am drowing in payday loans and the illusion that I can pay them off and not become homeless has faded. Help please. What can I do?[/COLOR]

Illegal payday loan lenders don't have the license in your state

Illegal payday loan lenders don't have the license in your state to lend money to people. Legal payday loan lenders are the ones who have license to operate in your state.

St. Armand, United Cash and Greensight.com are illegal in your state. You'll have to pay back the borrowed amount to them. Other than that, you need to withdraw ACH transaction. It will be better if you revoke voluntary wage assignment after talking to the HR.

lrhall41

Submitted by Good Nelly on Tue, 10/09/2012 - 23:21

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No need to talk to the HR. Just revoke wage assignment in writin

No need to talk to the HR. Just revoke wage assignment in writing and send a copy of the same to the HR. If possible revoke ACH immediately.

lrhall41

Submitted by Steve Barris on Wed, 10/10/2012 - 00:24

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Be advised HR might tell you they don't know what it is after yo

Be advised HR might tell you they don't know what it is after you copy them on the revocation in which case you advise them to use google.

lrhall41

Submitted by waffles on Wed, 10/10/2012 - 04:14

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