logo

Debtconsolidationcare.com - the USA consumer forum

Could someone put up PDL laws in mass

Date: Wed, 05/26/2010 - 06:07

Submitted by anonymous
on Wed, 05/26/2010 - 06:07

Posts: 202330 Credits: [Donate]

Total Replies: 7


I have 6 pay day loans have repayed some of them or paid them down . I will pay back the principle but that is all. I couldnt get the link to work for Ma laws

I also would like a list for adresses for the companies listed below as i will be sending them letters to explain that i will deal with them via email and not thru my account.


USFast Cash

Ameriloan

ABC Payday Loan

E Pay Day loans

Namakan Financial

Fast Cash Loans


also could u walk me thru process of sending letters and what not thanks again for your help


Massachusetts Payday Loan Laws & Legislation State Information


Legal Status: Prohibited
Citation:
Small loan act applies. Mass. Gen. Laws Ann. ch. 140 ? 96 et seq.;209 Mass. Code Regs. ? 26.01. Check cashers are specifically prohibited from making loans unless licensed under the small loan act. 209 Mass. Code Regs. ? 45:14(8).
Small Loan Rate Cap
23% plus $20 administrative fee upon the granting of a loan
Regulator: Massachusetts Division of Banks
Address: One South Station Boston MA 02110
Phone: (617) 956-1500
Fax: (617) 956-1599
Regulatory Contact: Kevin McNamara Supervisor
[URL="http://www.state.ma.us/dob"]Regulator’s Website[/URL]
Online Resources: [URL="http://www.mass.gov/?pageID=ocasubtopic&L=5&L0=Home&L1=Consumer&L2=Banks+%26+Banking&L3=Loans+%26+Mortgages&L4=Education+%26+Consumer+Alerts&sid=Eoca"]
Education & Consumer Alerts[/URL]


lrhall41

Submitted by SOAPLADY on Wed, 05/26/2010 - 06:27

( Posts: 17315 | Credits: )


Do u have the adresses for these companies would be helpful


lrhall41

Submitted by on Thu, 05/27/2010 - 06:16

( Posts: | Credits: )


I closed my account now if someone could please help a little further does anyone have the adresses for the loans above i dont have them all. Also can they get into a second account if u have it they are not linked but with same bank


lrhall41

Submitted by on Thu, 05/27/2010 - 13:14

( Posts: | Credits: )


Thanks already closed it out today, question wheres a good place to find addresses, ive paid half on almost all of them so ill just try and set up the rest with each one, if their not interested so be it.


lrhall41

Submitted by on Thu, 05/27/2010 - 19:04

( Posts: | Credits: )


again anyone who can help with the adresses please let me know i need to send out letters now that account is closed id liketo do that tonite i have US Fast Cash and Ameriloan i need adresses for the others also i dont if i have my account numbers for all of them any ideas on that


lrhall41

Submitted by on Fri, 05/28/2010 - 05:55

( Posts: | Credits: )