Virginia PDL
Date: Mon, 10/27/2008 - 10:01
nevispaydayloan.com borrowed 400/Paid 650/remaining 350
Paydayyes.com borrowed 300/paid 90/remaining 300
cashadvancenetwork.com borrowed 400/Paid 650/remaining 350
I have a registered account now. Can someone tell me if these ar
I have a registered account now. Can someone tell me if these are legal in Virginia?
Where do I find the revoked authorization for ach sample letter?
Where do I find the revoked authorization for ach sample letter?
Quote:Virginia State Information Legal Status: Legal Citat
Quote:
Virginia State Information Legal Status: Legal Citation: Va. Code Ann. ???? 6.1-444 et seq. Loan Terms: Maximum Loan Amount: $500 Loan Term: Min: 7 days Maximum Finance Rate and Fees: 15% Finance Charge for 14-day $100 loan: $15 apr for 14-day $100 loan: 390% Debt Limits: Maximum Number of Outstanding Loans at One Time: Not Specified Rollovers Permitted: None (cannot refinance, renew, or extend) Cooling-off Period: Repayment Plan: Collection Limits: Collection Fees: $25 NSF fee; Court Costs; Reasonable Attorney's Fees (not to exceed $250) Criminal Action: Prohibited Where to Complain, Get Information: Regulator: Virginia Bureau of Financial Institutions Address: State Corporation Commission, 1300 East Main Street, Suite 800 Post Office Box 640 Richmond VA 23218 Phone: (804) 371-9657 Fax: (804) 371-9416 Regulatory Contact: Susan E. Hancock,, Deputy Commissioner, Consumer Finance Regulator Website Licensee Database Complaint Instructions Complaint Form Link Online Resources: Brochure: Consumer Guide to Payday Lending |
I have posted laws for your state, hopefully someone with more e
I have posted laws for your state, hopefully someone with more experience will be along soon to help you.
All of the companies are automatically rolling over my loan - do
All of the companies are automatically rolling over my loan - does that imply that they are illegal lenders?
you may want to send them that letter, it cleary states that rol
you may want to send them that letter, it cleary states that rollover are NOT permitted
Where would I find the sample letter revoking authorization to t
Where would I find the sample letter revoking authorization to take money from my acct? I looked in the sample letters section of this site, but I did not see anything.
I wanted to bump this post....I know that I have seen this sampl
I wanted to bump this post....I know that I have seen this sample letter on this site, but I cant seem to find it again. Can someone please help. Thanks