payday loans

How did you find that out?? Every chance I get, I'm looking online at the fdcpa laws as well as Fair Credit Reporting Act to see what can be done.

Have you contacted the fdcpa about this??

Kyside, you are awesome. You are tireless in your fight against these crooks.

They are paying taxes in their state of incorporation, otherwise, they would not be in business long, or at the very least, they would be paying heavy fines. The IRS loves to keep an eye on businesses that show large gains each year. PDL's pay a ton in taxes; that may be part of the reason that they are not illegal in most states.

Rach, what state are you from? I am from NC, and they are illegal here. But, ya know, I am having just as many problems with them as if they weren't illegal...

Kyside, it makes total sense! Wouldn't they have to report as income the fees they are collecting from different states? One more reason to shut 'em down...

Maybe that's another reason why the AGs are going after them. What do you think, Kyside? Rach, three out of four of my PDLs were not licensed, so I doubt very much that they were paying taxes of any kind.

They are paying federal taxes I am sure. However some states require you payb their state taxes if you do business in the state. Do you honestly think they are paying state taxes in every state? Dont think so. They are not licensed but still doing business. Think about it.

dbaker:

Please trust me, they are paying out the wazoo in taxes and they are donating to their local, state and federal politicians.

and no, Kyside, I know they are not paying taxes in every state. Sorry, I got so rushed with the last post that I forgot to answer your question too! Any other info, just PM me, I prefer not to discuss in the open.

Not in my state. They are not licensed here and therefore not paying taxes. State taxes. Not every state has state taxes.

That is a good point, kyside. Thanks for bringing it up.