payday loans
Date: Sat, 09/20/2008 - 12:59
No one goes jail due to non-payment of payday loans. But the leg
No one goes jail due to non-payment of payday loans. But the legal hassles you may have to follow due to non payment will depend upon the legalalities associated with PDLS in your state. In which state do you live in? Every state has its own payday loan laws.
payday loans
i took out four payday loans in south carolina meaning i had to put a check down for collateral the check did clear my account wich means i have a bad check out there now what am i looking at over this could i look at jail time and what am i suppose to do about this
If your check cleared your account, how do you figure it's a bad
If your check cleared your account, how do you figure it's a bad check? A bad check is one that DOESN'T clear the bank.
pdl
I don't think I'm misreading this. If your check DID clear, that means the check is 'good'. It din't bounce, or anything. How much did you write the check for? What is the name of the PDL?
The PDl laws that are applied to your state - South Carolina are
The PDl laws that are applied to your state - South Carolina are: -
Quote:
Legal Status: Legal Citation: S.C. Code Ann. 34-39-110 et seq. Loan Terms: Maximum Loan Amount: $300 Loan Term: Max: 31 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 Cooling-off Period: Repayment Plan: Collection Limits: Collection Fees: Lesser of: NSF fee of $10 or actual charge Criminal Action: Prohibited Where to Complain, Get Information: Regulator: South Carolina State Board of Financial Institutions Address: Consumer Finance Division, P.O. Box 11905 Columbia SC 29211 Phone: (803) 734-2020 Fax: (803) 734-2025 Regulatory Contact: C. Dean Bratton,, Commissioner of Consumer Finance |