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Wage assignment costa rica - is this a licensed lender?

Submitted by nikpop on Mon, 09/29/2008 - 11:20
Posts: 32

I don't know how this happened. I am so embarassed.
Principal Payment
Payday One $1000 $250
MyCashNow $530 $175
Loan Point $400 $120
One Step Cash $400 $1350
Think Cash $500.00 $84.46
National Payday $360.94 $90.24
Cash Net USA $450 $77.25
Sign My Loan $400 $120
East Side Lender $500 $150
United Cash Loan $400 $120
500Fast Cah $300 $90

I am NEVER going to get out of this...HELP HELP HELP...PLEASE!!!

Eastside Lenders engaged in illegal loan activity by providinga loan at interest levels exceeding PA law. In addition, they did referred my account to a [URL=""][COLOR=blue][COLOR=blue !important][FONT=Verdana][COLOR=blue !important]collection [/COLOR][COLOR=blue !important]agency[/COLOR][/FONT][/COLOR][/COLOR][/URL]. This was done while they were under a cease and desist order from the PA department of Banking (Docket No. 100186), dated August 23, 2010.

The Department ordered them to cease and desist all lending activity, the charging of interest in the amount of 6%, and to collect or attemtp to collect (either directly or indirectly) interest in excess of 6% on any loans made to PA residents since February 1, 2009 until such time that they are licensed and pay all costs and fines.

They are also prohibited from filing a negative credit report (either directly or indirectly) on any PA resident who has received a loan since February 1, 2009. Also, they have been oredered to REFUND to PA residents that have accepted a [URL=""][COLOR=blue][COLOR=blue !important][FONT=Verdana][COLOR=blue !important]loan[/COLOR][/FONT][/COLOR][/COLOR][/URL] since February 1, 2009, the amount of monies paid on loans in excess of te simple 6% interest per annum. Eastside Lenders has also been assesseda fine of $30,000.

Submitted by on Thu, 10/21/2010 - 10:08

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