Loan Point USA
Date: Fri, 08/15/2008 - 07:54
have you heard of Loan Point USA, are they legal in Iowa
what about 247 Advance
what about 247 Advance
Loan Point USA (also known as Geneva Roth) is a horrible company
Loan Point USA (also known as Geneva Roth) is a horrible company. they are giving me the hardest time. I have no idea if they are legal in Iowa (i'm sure someone will be along to help with that) but they do many illegal tatics to try to get their money. I'm sorry, I also do not know about the other company neither - how much did you borrow from each and how much did you pay each one back?
According to THIS Iowa internet payday lenders are not legal, e
According to THIS Iowa internet payday lenders are not legal, either because of restrictive laws, or because the state does not license companies not located in that state, but requires a state issued license to lend.
Quote:
Iowa State Information Legal Status: Legal Citation: Iowa Code Ann. ???? 533D.1 et seq. Loan Terms: Maximum Loan Amount: $500 Loan Term: Max: 31 days Maximum Finance Rate and Fees: $15: $0-$100; $10 per $100 thereafter Finance Charge for 14-day $100 loan: $16.67 apr for 14-day $100 loan: 433% Debt Limits: Maximum Number of Outstanding Loans at One Time: Two Rollovers Permitted: None (cannot repay, refinance or consolidate) Cooling-off Period: Repayment Plan: Collection Limits: Collection Fees: One $15 NSF fee (exclusive remedy) Criminal Action: Not Specified Where to Complain, Get Information: Regulator: Iowa Division of Banking Address: 200 East Grand Avenue, Suite 300 Des Moines IA 50309 Phone: (515) 281-4014 Fax: (515) 281-4862 Regulatory Contact: Rodney Reed,, Finance Bureau Chief |
