what about companies over seas?

Are you asking about any particular PDL? Also, what State do you live in, sometimes it depends on whether the PDL (overseas or domestic) is licensed in your State as to whether it's legal or not.

ok here is what i found out.. if there over seas there not state regulated there regualted by the fed government... so what that means is they don't have to be lic in your state.. it all depends on the country and the tready they have with our fed gov... so watch out guys if there out of the country you will need to pay them back without looking for an excuse on why you can't

Sorry, but state laws prevail. You got bad info, probably from the PDL?

fed trade comm..... fed is always over state.. in all cases... name one case its not?

State collection laws trump federal.


Dont even think there are federal rules on PDL's.

i'm trying to post links but its not letting me

Point is, I dont believe there are federal PDL laws....it is left up to each state to regulate.

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How about HIPAA privacy laws (federal) which ALWAYS have a caveat stating "unless state laws are more stringent" when referring to penalties, fines, etc.?Quote:

mark jibbs is a shill.there are no federal laws in regards to pdl's.as SOAPLADY stated each state regulates itself.am wondering which hole-in-the-wall he works for.

I've worked my way through the PDL maze with this site and with my State financial commission; if the federal government would regulate PDL's, we'd have one set of laws for everybody. I'd have to see the paperwork before I'd believe the Federal Trade Commission had PDL laws in place.

check out the FTC.... how do i deactivate my links?

I think you're confused. The FTC only gets involved when these lenders use illegal tactics to try collecting defaulted loans. That is a violation of the FDCPA, which is federal law. They have nothing to do with regulating the loan terms, licenses, etc.

i see the shill is back.i saw the FTC website,and nowhere is there anything about pdl's and the laws as it pertains to them.answer my question.which hole-in-the-wall do you work for?

i don't work for a pay day loan company. but i did see a few poping up that work out of canada and so on.

if there wasn't pay day loans where would we turn to?

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