PDL Licensing
Date: Tue, 11/10/2009 - 09:18
Submitted by Climbing Out of Debt
on
Tue, 11/10/2009 - 09:18
Total Replies: 1
Can a collection agency legally collect on a payday loan issued by an internet company that wasn't licensed in my state at the time the loan was issued?
Which state are you from? Do you know the lending laws of your s
Which state are you from? Do you know the lending laws of your state regarding internet pdls?
If the lender is legally operating in your state then 'yes', the collection company can collect on it.
