Sandpoint Capital
Date: Tue, 10/06/2009 - 18:43
I emailed a C&D letter and I received a email from them for me to review the loan documents which states the laws govering this loan are the laws of Nevis. What should I do?
Quote:Originally Posted by AnonymousI emailed a C&D letter and I
Quote:
Originally Posted by Anonymous I emailed a C&D letter and I received a email from them for me to review the loan documents which states the laws govering this loan are the laws of Nevis. What should I do? |
Yeah, and that makes them illegal in USA. Does you state allow overseas lenders to offer loan in your state? If not then they are illegal. You can check the internet lending laws of your state from the following thread.
http://www.debtconsolidationcare.com/paydayloan/internet-lending-in-50states.html
just curious - are there any states that allow overseas lending?
just curious - are there any states that allow overseas lending? for some reason i thought there was not.. i looked through the thread but could not find anything? though i might be over looking it.