paydayloans ftr processing, tjf corp, sjm marketing
Date: Wed, 08/06/2008 - 11:35
i want to know if any of theses are license and legal in ohio tjf corp, sjm marketing,ftr processing, bahama marketing group , one click cash, and united cash loans also what happens if i dont have money to pay will i go to jail i read the laws in ohio but dont quite understand could someone please explain it to me im scared that i will go down for not paying cause i dont have money
Shani, just looking at those names I am going to go out on a lim
Shani, just looking at those names I am going to go out on a limb and say, you will not go to jail. They are the ones operating illegally, not you. That being said...
Here are the laws in Ohio..
Quote:
Ohio State Information Legal Status: Legal (Applies to check cashers only) Citation: Ohio Rev. Code Ann. ???????? 1315.35 et seq. Loan Terms: Maximum Loan Amount: $800 Loan Term: Max: 6 months Maximum Finance Rate and Fees: $10/$100 + 5% per month Finance Charge for 14-day $100 loan: $15 apr for 14-day $100 loan: 390% Debt Limits: Maximum Number of Outstanding Loans at One Time: One Rollovers Permitted: None (cannot refinance) Cooling-off Period: Repayment Plan: Collection Limits: Collection Fees: Bank charges (if disclosed); $20 collection charge; Court Costs; damages Criminal Action: Not Specified Where to Complain, Get Information: Regulator: Ohio Division of Financial Institutions Address: 77 South High Street, 21st Floor Columbus OH 43215 Phone: (614) 728-8400 Fax: Regulatory Contact: Robert M. Grieser,, Deputy Superintendent for Consumer Finance Regulator Website |
these companies would have to be licensed in Ohio to lend in Ohio... I am pretty sure none of them are licensed in Ohio..
Here is another thread about Ohio for you to look at. Shazzers gives some great advice on what to do next.
http://www.debtconsolidationcare.com/paydayloan/astrolending-impactcash.html
