Need payday loan help, please

Someone will be along to help you w/ your questions; please check out the Maryland PDL laws on this site. I'd also recommend contacting the Maryland Commissioner of Financial Regulation (contact info w/ the MD laws). If you don't put your account on "deposit only" or close it altogether, guaranteed the PDL's will continue to take money. Do you have the names of the PDL's?

One way you can figure out how much you've paid these people is to look at copies of your bank statements. Your bank can help you out with this. It may be time consuming but it would be worth it. Just check to see when the deposits were made and then calculate all the payments up until you blocked your account. Since PDL's are illegal in Maryland then you have probably overpaid all of them and I wouldn't agree to any payment arrangements until you figure out what you've paid them already.

i believe that in md some are working as cso and thus get around the pay day laws. You need to make arangements with those if any
of your are cso

never heard of that in MD.in TX,WI,and TN,but not any eastern seaboard states.

The law changed and unfortunately they are as you know very legal.

now you are lying out of your tuckus.pdl's and everything like them are still prohibited in MD.get lost.

Sinking Quickly,

What PDL's are you dealing with?

sorry I dont know how to quote something
This was taken from a nov 2008 post by shazzers. If you search in the box above for md cso there is lots of info. Hope I helped


None are legal in MD as pdl's are prohibited unless these lenders are licensed as CSO's ((Credit Service Organizations), CSO's do not need to be licensed, and are generally 100% legal in what they charge.
The laws below only apply to payday lenders and NOT CSO's.

right pinklady.if you could recall which pdl's lent you.we can help.also when you find your bank info that gives.

the amounts borrowed
the amounts debited by each.

you only owe what you borrowed.nothing more.

I am not lying. Please for the poster's sake, just search in the box above fro md cso.
I am not lying I am trying to help. Ask Shazzers, The quote is from her. Why treat me like a devil i AM ONLY TRYING TO HELP

another quote to show I am not lying

aryland is known to have payday loan companies acting as CSO's (Credit Service Organizations). This means they do not need to be licensed, and are generally 100% legal in what they charge. If however, any of these lenders are payday lenders, they are NOT legal.



Quote:
Maryland State Information

Legal Status: Prohibited

Citation:
Consumer loan act applies. Md. Code Ann. Com. Law II ???? 12-301 et seq.

Small Loan Rate Cap
2.75% per month; 33% per year.

Where to Complain, Get Information:
Regulator: Maryland Commissioner of Financial Regulation
Address: 500 North Calvert Street Suite 402 Baltimore MD 21202
Phone: (410) 230-6100
Fax: (410) 333-3866
Regulatory Contact: Michael Jackson Director, Regulatory Policy

_________________
Online Complaints Ohio Attorney General
Online complaints: Federal Trade Commission.
Ohio Payday Loan Laws
CLICK HERE to find a Creditor
Shazzers
Moderator
Shazzers
Moderator

I do think I deserve an apology, or are only modertors allowed to help.

all i know is when i looked it up in the DFI website.it state nothing about CSO'S in the state of MD.are you sure you saw MD?i know some states that have the CSO.

Sinking
I am a Maryland resident and the previous Guest is correct. Some do operate as cso. Please pm Shazzers as she is the one who helped me. Her Info is correct and she is a wonderful person to deal with.

You also need to make sure that none of them are installment loans as that seems to be a new trick to get around the pdl laws.

Look on you bank statements and post the names of the companes and we can try to help you sort it out.

Yes, It is for Maryland. Why call someone a liar. I was trying to help

well i PM'D shazzers and will see what she says.none of you have bought tangible proof.if she clarifies what you have said.i will mia cupla,but will wait for now.it might be moot as it depends on the pdl's the OP has.

OK OK everyone calm down please. lol There are some lenders in MD acting as CSO's to my knowledge. I got this information from the sticky at the top of the page titled: Internet Lending in all 50 states. :?

Why is it the moderators don't have to follow the same Terms of Service they are supposed to enforce? Some of the mod responses on this board are incredibly crude and demeaning. And one mod in particular is just downright crude.

What proof have you brought Paulmergel that you are right. Do only moderators know anything . Looking back on several posts all I see you doing is putting people down, not offering ant real advice.

You only apologize for name calling if someone answers a PM. NAME CALLING SHOULD NOT BE ALLOWED.

I was told by a member , that last week she had a conversation with Both Vikas and anand regarding this situation. People on this board do talk to each other , and some are even friendly.
In any event they were suppose to have spoken to the offending party.
He has once again (thru e mail) this time, spoken to them. We will see if steps are taken.
Not everyone on this board is so crude. Most are really helpful.

well,i do apologize.i was wrong,and some of my responses were wrong here.was certain of my info and it was not correct.

Please next time , it is not necessary to call someone a liar because they dont think like you do.
apology accepted

i'm glad,and thanks.now my question is.where is the OP?they posted once,and we never heard from them again.am anxious to know the names of the places they got the loans from.