Can they send officials to arrest me for
Date: Mon, 12/18/2006 - 10:55
HI TiffShaun , welcome to the boards. First off NO they will no
HI TiffShaun , welcome to the boards. First off NO they will not anc cannot arrest you. I landed here because of Mr. Mitchell and his hot air threats. You live in NY and PDL are illegal, here is the statue
New York State Information
Legal Status: Prohibited
Citation:
Licensed lender law applies but interest rate is that agreed to by contract. N.Y. Banking Law ???? 340 et seq. A check casher licensee cannot make loans nor cash or advance any moneys on a post dated check unless it is a payroll check. N.Y. Banking Law ???? 373. Criminal law sets the usury cap at 25%. N.Y. Penal Code ???? 190.40.
Small Loan Rate Cap
25% per year
Many will be glad to assist you here and help you work out this mess. If you would like my personal assitance please send me a PM. take care and keep posting
Welcome to the Community :D No they can't send someone to arr
Welcome to the Community :D
No they can't send someone to arrest you, they will threaten that and everything else. Google them and Langhorne law, the two you are having problems with and see what you come up with. You can see what others have done to take care of this..Keep us posted..Karen