Payday Loans Illegal in Pennsylvania
My attachment did not work. Can someone tell me how to do it?
My attachment did not work. Can someone tell me how to do it? What I did was pull information from the internet, similar to what the other mediators are attaching.
If a pdl is licensed anywhere, they are considered legal in PA.
If a pdl is licensed anywhere, they are considered legal in PA. You need to find out if your lenders are licensed.
I just looked up pay day loan yes on the internet and cannot fin
I just looked up pay day loan yes on the internet and cannot find any licensing information on them. How can I stop them from calling me at work? I just sent them an email to their "concern" email address to request my paperwork.
Kashzan please check your facts
No PA had a domicillary law that any business that lent money must be in PA. However they have recently changed that law and all pdl's (even those over the internet, through the mail) must be registered and licensed in the state
They didn't change the law, Guest. The PA Department of Banking
They didn't change the law, Guest. The PA Department of Banking issued a policy statement changing its interpretation of a very old law concerning consumer loans. (The same law the Department said in 2005 doesn't apply to lenders outside of PA as long as they are licensed somewhere.) The new policy doesn't go into effect until February 2009, so as of today kashkan is correct.