PDL in Texas are they legal??
Date: Tue, 06/29/2010 - 13:14
Loan:
1.) VIP or DMA
Loan amount-500
Payments to loan-650
Balance-390
2.) Kenwood Financial Services
Loan amount-250
Payments to loan-220
balance-195
3.) Cashnet
loan amount-500
payments to loan-495
balance-439.18
4.) Little loan Shop
Loan amount-300
payments-105
1 nsf due to them trying to take a pymnt 2x's in one wk
balance-300
5.) Payday one
Loan amount-200
payment-188.42
balance-145.00
I have close my account and I am getting to send out letter about calling me at work and my cell#.
I just have had no luck to see if they are legal in Texas??
Thank you,
Payday One is legal, the rest do not seem to be. I checked thei
Payday One is legal, the rest do not seem to be. I checked their names using Texas's licensee search engine on the Office of Consumer Credit Commissioner's website.
Thank you..I am still confused as to the c&d letters to send. Wh
Thank you..I am still confused as to the c&d letters to send. What is the interest rate on all these loans? I have a copy of a letter to send and I am not sure what to list as the Principal. sorry just want to make sure that the letter is sent out right and that I get these calls to stop..
CLICK HERE to find out how to deal with illegal lenders.
CLICK HERE to find out how to deal with illegal lenders.
Thanks Shazzers.. I have that, what I was looking for was what i
Thanks Shazzers.. I have that, what I was looking for was what is the principal? Is that the 500 I borrowed or the 500 and the 150 that they added to lend it to me?? That is where I get lost..
Thank you for the info..
Quote:Originally Posted by Marie AlmaguerThanks Shazzers.. I hav
Quote:
Originally Posted by Marie Almaguer Thanks Shazzers.. I have that, what I was looking for was what is the principal? Is that the 500 I borrowed or the 500 and the 150 that they added to lend it to me?? That is where I get lost.. Thank you for the info.. |
The $500.00 you borrowed, less any payments you have already made.
Should, I worry? this was sent to me after the letter I sent to
Should, I worry? this was sent to me after the letter I sent to them.. They of course are still contacting me on my cell. The work well, They can't get thru as I answer all the lines and tell them that they are not allowed to contact employees here.
We are not a pay day loan company and pay day loan laws do not apply to LLS America you have signed a contract agreeing to our terms and conditions of an unsecured short term installment loan company with Utah based laws.
GOVERNING LAW: You acknowledge that we are a Utah-based lender, and you acknowledge that this consumer Unsecured Short Term Installment Loan Agreement is governed by the laws of the State of Utah. You acknowledge that Utah laws governing this Unsecured Short-Term installment loan agreements may differ significantly from the laws of the state where you reside. You agree that courts located in Salt Lake City, Utah, shall have exclusive jurisdiction and venue of any disputes arising from this Unsecured Short-Term installment Loan Agreement.