Payday Online Loans
Date: Fri, 10/05/2012 - 12:38
I live in Ohio and I have a taken 2 payday loans out online with Plain Green Loans
1st loan was for 600, I made a payment of 108.79, another 108.79 payment and then a final payment of 580.39.
2nd loan was for 800, I haven't made a payment yet on this, and I am being told that I maybe able to get out of the loan because Plain Green Loans, don't have an Ohio license and also they don't have a location in Ohio, which the law in Ohio is:
SHORT-TERM LENDER LAW (2008) (PAYDAY LENDING LAW)
ORC 1321.35
LIMITS PAYDAY LOANS TO 28% ANNUAL PERCENTAGE RATE, PROHIBITS UNFAIR DEBT COLLECTION AND REQUIRES INTERNET LENDERS TO HAVE AN OHIO LOCATION.
Is there anyway I am able to get out of this 2nd loan with Plain Green.
Thanks for any help you can offer.
1st loan was for 600, I made a payment of 108.79, another 108.79 payment and then a final payment of 580.39.
2nd loan was for 800, I haven't made a payment yet on this, and I am being told that I maybe able to get out of the loan because Plain Green Loans, don't have an Ohio license and also they don't have a location in Ohio, which the law in Ohio is:
SHORT-TERM LENDER LAW (2008) (PAYDAY LENDING LAW)
ORC 1321.35
LIMITS PAYDAY LOANS TO 28% ANNUAL PERCENTAGE RATE, PROHIBITS UNFAIR DEBT COLLECTION AND REQUIRES INTERNET LENDERS TO HAVE AN OHIO LOCATION.
Is there anyway I am able to get out of this 2nd loan with Plain Green.
Thanks for any help you can offer.
Plain green is tribal and illegal everywhere in the USA. Follow
Plain green is tribal and illegal everywhere in the USA. Follow the link in my signature line for info on how to deal with them.
You owe them $602.03 more since you overpaid on the first occasi
You owe them $602.03 more since you overpaid on the first occasion. Revoke ACH immediately and then proceed to contact them.