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Magnum Cash Advance - There is conflicting information

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Magnum Cash Advance - There is conflicting information about whether they are legal or illegal. They are licensed in Delaware. Does this mean they are legal in any state that only requires a license in any of the 50 states to issue payday loans? I live in Tennessee and was told they are illegal, but TN only requires a license in ANY state, so it would appear they can legally issue payday loans in TN. Please help!

They are illegal offshore lender. As such you don't to pay interest on the loan. You have to pay only the principal amount. How much have you borrowed from them?

Sub: #1 posted on Fri, 05/17/2019 - 00:08

Nick Jonas Nick Jonas

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They are definitely illegal lenders. so you don't' have to make interest payments anymore. You should only pay principal amount to the lender.

Sub: #2 posted on Sun, 05/19/2019 - 23:54

Barbara Delinsky Barbara Delinsky

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since they are not legal, you just need to pay the principal amount, not interest.

Sub: #3 posted on Mon, 05/20/2019 - 06:08

Sanders Patricia Sanders Patricia

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