Are Internet Payday Loans Legal In Kentucky?
Date: Thu, 07/26/2012 - 14:56
Are internet payday loans illegal in KY?
Contact with Kentucky Office of Financial Institutions and try t
Contact with Kentucky Office of Financial Institutions and try to find out the legality of the pdl companies.
Payday lending is legal in KY. What you need to find out is if y
Payday lending is legal in KY. What you need to find out is if your lenders are licensed to lend in your state. Who did you borrow from and how much did you borrow?
Internet lenders are legal in KY only if they are a true payday
Internet lenders are legal in KY only if they are a true payday loan and have a physical presence in the state of KY.
Make sure what you have is a PDL and not a CSO or installment loan. If your lender is offshore or tribal, it's always illegal.
Follow the steps in my signature link if your lender is unlicensed/illegal.