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CashnetUSA Legal?

Submitted by william.jones2007 on Sat, 03/15/2008 - 08:48
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I am slowly trying to get out of payday hell.

I live in MD were pd's are illegal.

CashNetUSA took three amounts out at ONCE!

How do I handle this?


HI there...you are correct, PDL's are prohibited in MD but CashnetUSA is operating as a CSO:

Business Information
Legal Name: CASHNET CSO OF MARYLAND, LLC
Trade Name: CASHNETUSA
Business Type: Limited Liability Company (LLC)
Street Address: 200 W. JACKSON BLVD
SUITE 2400
CHICAGO, IL 60606-0000

License Information
Category: Installment Loan
License Number: 2039
Expiration Date: 09 - 24 - 2009
Original Issue Date: 09 - 24 - 2007
Federal ID Number: 204956150
Status: ACTIVE

You mean they took the amount due out of your account 3 times?


Submitted by volleyballmom on Sat, 03/15/2008 - 09:21

volleyballmom

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Quote:

BORROWERS BEWARE:
Unlicensed Internet Lenders

The following companies and websites have offered or are offering loans to U.S residents. We strongly advise you not to obtain a loan from any of these companies. Unlicensed internet lenders frequently charge interest and fees above what is allowed under state law. Also, if you are defrauded by an internet lender, it may be extremely difficult and time consuming, and perhaps impossible, for you to recover your losses. This is particularly true if the company is based outside the United States.

Companies Outside the U.S.
Cashtransfercenter.com (Malta)
Northway Financial Corporation Limited (Malta)
Northway Broker Limited (Malta)
Sonic (Ireland)
MyCashNow.com (Canada)
DMS Marketing, Inc. (Canada)

Companies Outside Illinois
Cashnetusa.com
Zipcash-SFT
Speedypayday.com
itsmypayday.com
National Opportunities Unlimited, Inc.
Starlight Financial, LLC
Payday-Loan-Yes.com
Westbury Ventures
Loyalty Financial Solutions


Submitted by Kreweofcccc_amga on Sun, 08/17/2008 - 14:06

Kreweofcccc_amga

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That article posted above is WRONG.

Cash Net USA IS legally licensed in every state that it lends in that requires it.

All one has to do is check - Each state's DFI posts a licensing database. It's very simple and easy to confirm that

CASH NET USA IS A LEGAL LICENSED COMPANY. THEY HAVE A LICENSE IN EVERY STATE THEY LEND IN THAT REQUIRES IT.


Submitted by goudah2424 on Mon, 08/18/2008 - 07:09

goudah2424

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