Payday Loan License Information
Date: Thu, 11/08/2012 - 13:10
Hi,
I know that payday loans are illegal in New York. But, if the loan company is located in another state, does the law of that state apply? Also, how can I determine if a company is licensed in New York?
Thanks!
I know that payday loans are illegal in New York. But, if the loan company is located in another state, does the law of that state apply? Also, how can I determine if a company is licensed in New York?
Thanks!
No, it doesn't. Any loan given to a NY resident must follow NY l
No, it doesn't. Any loan given to a NY resident must follow NY law. Folow the link in my signature for further advise.
I once got a refund from a lender licensed in Delaware. I live
I once got a refund from a lender licensed in Delaware. I live in NY