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Tribal loan company

Submitted by Dalis on Mon, 03/22/2021 - 13:14
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Can a tribal loan company sue me if I don’t repay their interest rate they are charging me?
I’m in Florida and I took a loan with

Maxlend
Target cash now
National small loan


Thank you in advance.

I paid the amount I borrrows to maxlend so far.


Hi!

You can verify the information you have about Maxlend, Target cash now, and National small loan with your state regulator or attorney general.

You can search the Consumer Financial Protection Bureau (CFPB) website to gather information about them.


Submitted by Ryan Miller on Tue, 03/23/2021 - 22:57

Ryan Miller

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Your priority is to check whether Maxlend, Target cash now, and National small loan has any official license or not.

Unlicensed tribal lenders cannot sue you in court.


Submitted by Ryan Miller on Tue, 03/23/2021 - 01:51

Ryan Miller

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The tribal lenders are usually illegal. So, they can't sue you in court. Since they are illegal lenders, you won't have to make any interest payments. Just pay off the principal amount.


Submitted by Craigh.terry on Mon, 03/29/2021 - 21:53

Craigh.terry

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