ohio pdl
Date: Wed, 08/05/2009 - 13:43
they are not due until tomorrow.
i called my bank and checked to see what the time frame was to allow ach debits, they stated 48 hours.
i also called check smart anonmously to see if i could set up a payment plan. they stated that payment plans are against? the law in ohio and all i can do is re loan.
sure i can re loan with both of them, but i cannot ever get out of this cycle.
any advice on how to get out of this cycle?? i really am short on hours, and i have like very little money coming to me on my next check....what can i do?
Are these both storefronts? They are legal and will have to be p
Are these both storefronts? They are legal and will have to be paid. Did you call check-n-go and see if they could work with you at all?
The best way to get out of storefronts is to pay them down a little at a time like maybe $25 extra each time. Borrow from friends or family. Maybe you can take a weeks vaction pay from work without taking the vacation, therefore giving you a double paycheck?
I'm not sure on the Ohiio laws of not allowing payment plans but I'm sure someone will be along who is familiar with Ohio.
You can check Ohio laws here. I think they are wrong if they
You can check Ohio laws here.
I think they are wrong if they have told you that repayment plans are not allowed in Ohio.
Also you can check their licensing status from the following link
http://elicense2-lookup.com.ohio.gov/SearchCriteria.asp
More than likely the loans are installment loans and not a PDL.
More than likely the loans are installment loans and not a PDL.
Quote:More than likely the loans are installment loans and not a
Quote:
More than likely the loans are installment loans and not a PDL. |
Well, then she needs to read her contract and clarify it for us. But if these are pdls then the lenders are lying to her about repayment plan.
OP, please see the links I've provided in my previous post.
Since the change in state regulations for PDL's most of the comp
Since the change in state regulations for PDL's most of the companies switched to installment loans. If they are storefront, which they are, they are going to have a license. That is why I made my comment.
Just as an FYI, both of the OP's lenders are based in OH and took a very public stand against the changes in regulations, so I would doubt that they are lying about the EPP.
I agree with SC, the OP need to check the agreement and see if the are doing PDL (Deferred Deposit Transactions) or Installment Loans for us to fully give correct advice.