PAYDAY LOAN MESS
Date: Mon, 09/29/2008 - 18:28
Hi everybody,
I am new here, like many other i have some payday loans.
Unitedcash loan $600 paid 150
Paycheck today $630 paid 89.00
Cash usa $500 paid 85
ameriloan $500 paid 0
I life in florida
Paycheck today wants $89.00 biweekly, i can due only once a month. They told we don't f...... Care find it.
I like to pay them off but i can make only small payments.
My question is can they garnish my pay and can they but a lien on my house?
Any help is greatly appreciate it.
My email is
Removed for your protection, by Shazzers
T :oops:
I am new here, like many other i have some payday loans.
Unitedcash loan $600 paid 150
Paycheck today $630 paid 89.00
Cash usa $500 paid 85
ameriloan $500 paid 0
I life in florida
Paycheck today wants $89.00 biweekly, i can due only once a month. They told we don't f...... Care find it.
I like to pay them off but i can make only small payments.
My question is can they garnish my pay and can they but a lien on my house?
Any help is greatly appreciate it.
My email is
Removed for your protection, by Shazzers
T :oops:
According to internet pdl laws, in Florida a internet based payd
According to internet pdl laws, in Florida a internet based payday loan company can't give loan if it's not licensed in it.
United cash loans is not licensed in your state. So, you are only obliged to payoff the principle amount borrowed.
Paycheck Today is also unlicensed in Florida. So, you only need to payoff the principle amount.
Ameriloan also doesn't seem to have a license to lend pdl in Florida.
But, wait a minute, the maximum amount permitted for payday loans to lend in your state is $500.
In your case, it seems to me that the best possible way out from this mess is debt settlement.
The unlicensed pdls can't garnish your wage or put lien on my house.
Quote:Legal Status: Legal Citation: Fl. Stat. Ann. ????
Quote:
Legal Status: Legal Citation: Fl. Stat. Ann. ???? 560.401 et seq.; Rule 69V-560.901-912 Loan Terms: Maximum Loan Amount: $500 Loan Term: 7-31 days Maximum Finance Rate and Fees: 10% + verification fee 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: One Rollovers Permitted: None (cannot rollover) Cooling-off Period: 24 hours Repayment Plan: Yes Collection Limits: Collection Fees: All charges imposed on the lender by any financial institution; lender not entitled to treble damages Criminal Action: Prohibited Where to Complain, Get Information: Regulator: Florida Office of Financial Regulation Address: Division of Securities and Finance, 200 E. Gaines Street Tallahassee FL 32399 Phone: (850) 410-9805 Fax: (850) 410-9748 Regulatory Contact |
