Need Help with PDL,s please, in over my head
Date: Wed, 05/19/2010 - 11:11
ace cash-original amount $350, have paid $180
ameriloan-$400, have paid $90
northway financial-$300 paid $300
cashyes- $575 paid $148
Live in the state of maine
Were any of these lenders storefronts? I can find ace cash list
Were any of these lenders storefronts? I can find ace cash listed in Maine's licensee database, but not the others. The first thing I recommend is to check out your lenders and make sure that the loans are legal. Ameriloan has already been cited by Maine's office of consumer affairs for offering illegal loans to Maine residents. If they are illegal, then you only have to repay the principal.
Close your bank account ASAP and open another one at another ban
Close your bank account ASAP and open another one at another bank...that should be your first step.
They are all internet, no storefronts. And the ace cash was act
They are all internet, no storefronts. And the ace cash was actually ace cash services. Who would I contact to find out if they are legal? Thanks so far I really appreciate this.
They were all internet no storefronts. Just noticed the ace cash
They were all internet no storefronts. Just noticed the ace cash, was actually ace cash services. Who would I contact to find out if they are illegal? Also if I close my bank account and open another one, I'm still going to owe them money and I'm sure they will start calling me and so forth. I'm probably nieve here but could you explain to me what that would accomplish, seems like it would just cause more headaches.
Maine's Department of Professional and Financial Regulation Cons
Maine's Department of Professional and Financial Regulation Consumer Credit Protection.
So as far as I can see none of these companies are licensed in m
So as far as I can see none of these companies are licensed in maine, does that mean they are illegal and I should only have to pay back the principal?(even though I have already payed a hefty interest fee)
Quote:Originally Posted by Ian CampbellSo as far as I can see no
Quote:
Originally Posted by Ian Campbell So as far as I can see none of these companies are licensed in maine, does that mean they are illegal and I should only have to pay back the principal?(even though I have already payed a hefty interest fee) |
not only that,but anything in so-called fees goes towards the loan
example:
you borrow 300.00
they debit 3 90.00 fees
you only owe the illegal pdl 30.00
see what i mean?
CLICK HERE to find out how to deal with unlicensed lenders.
CLICK HERE to find out how to deal with unlicensed lenders.