Shazzers - I have some general questions that I'm
Date: Tue, 03/22/2011 - 14:08
Is it true that Rhode Island prohibits ANY type of Internet pay day loans regardless of whether these companies are liscensed elsewhere?
If so, on what grounds can their bottom feeder collection agencies take action?
If illegal, I understand that only the principal needs to be paid. Is that just morally or legally? I.e. If I've paid back less than the original amount borrowed, am I legally liable or just ethically?
Thank you,
The Concerned in RI
You can know whether payday loans are legal in Rhode Island from
You can know whether payday loans are legal in Rhode Island from the following page:
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html
If payday loans are illegal in Rhode island, then you are only legally obligated to pay the principal amount. You won't have to pay the interests or fees.
People keep saying that, and I keep telling these companies that
People keep saying that, and I keep telling these companies that but what proof is there? I need something in writing to show them to see if I can get them to stop harassing me for the money they say I owe.
do you still have your old bank statements?that should give the
do you still have your old bank statements?that should give the proof you need as to how much,or little you truly do owe.check those asap since illegals never give contracts that is again your proof.
If you don't have your statements, you should be able to get cop
If you don't have your statements, you should be able to get copies from your bank for the time frame you took out the loan and they debited your account.
RI PDLs legal for checkers only - it would seem
Thanks Isabella - but do you agree based on RI law that Internet PDLs are illegal? Specifically the below states that payday loans are legal but to checkers only. I assume checkers refers to brick & mortar (storefront lenders).
Rhode Island Payday Loan Laws
State Legal Status
Lending of payday loan is considered legal in the State of Rhode Island. It is applicable for checkers only.
Is USFastCash licensed anywhere? Haven't paid anything yet and a
Is USFastCash licensed anywhere? Haven't paid anything yet and am worried.
Your query has been replied to in the given page: http://www.de
Your query has been replied to in the given page:
http://www.debtconsolidationcare.com/forums/showthread.php?p=861207#post861207
Please take a look at it. I hope it will help you.
