Pay day loan help in colorado
Date: Mon, 11/24/2008 - 13:52
look at all this:
cashcall
cash supply
gecc
ameriloan $585
paychecktoday
worldwide cash
unitedcashloans
cash today
loan by phone
storefront:
ace cash express
ez money payday
advance america
1 more i cant remember the name until i drive past.
i live in colorado so Langhorne and MyPDLhelp.com do not support this state! HELP PLEASE!!!
According to the Colorado internet pdl laws, a payday loan compa
According to the Colorado internet pdl laws, a payday loan company needs to be licensed in the state only. Please check whether these companies are licensed in your state. At a glance, it seems to me that most of them are not licensed. So, you're only obligated to pay them their principal amount. You may follow the steps as said below: -
Ways of tackling illegal payday loan companies
For the store front payday loans you've to follow the payday loa
For the store front payday loans you've to follow the payday loan laws of your state: -
Quote:
Loan Terms: Maximum Loan Amount: $500 Loan Term: Max: 40 days Maximum Finance Rate and Fees: 20%: $0-$300 + 7.5%: $301-$500 Finance Charge for 14-day $100 loan: $20 apr for 14-day $100 loan: 520% Debt Limits: Maximum Number of Outstanding Loans at One Time: One Rollovers Permitted: One (renewal) Cooling-off Period: Repayment Plan: Collection Limits: Collection Fees: One $25 NSF fee; Court Costs; Reasonable Attorney's Fees not to exceed loan amount Criminal Action: Prohibited (Unless the consumer's account was closed before the agreed upon negotiation date) Where to Complain, Get Information: Regulator: Colorado Office of the Attorney General Address: Uniform Consumer Credit Code, 1525 Sherman St., 5th Fl. Denver CO 80203 Phone: (303) 866-4494 Fax: (303) 866-5691 Regulatory Contact: Laura Udis,, Administrator |
MyPDLHelp.com does not do Colorado due to restrictions placed by
MyPDLHelp.com does not do Colorado due to restrictions placed by Colorado's state government.
Colorado
Unfortunately Jake is right. MyPDLHelp.com cannot do Colorado due to debt settlement laws in that state. I will tell you this, concentrate your efforts on Cash Call and the store front loans. They are the ones that are most likely to sue you and get a judgement which you want to aviod. As far as the internet pdl's, they probably don't even have a license to lend money in Colorado so put them last on your list and ignore the phone calls. If they turn you over to collections, send out a verification of debt letter (you can find examples for free right on this site) via certified mail.
Matt Stabler
Owner
MyPDLHelp.com