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South Carolina Payday loan laws



kbraveboy

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Sub: South Carolina Payday loan laws
Fri, 19/08/2011 10:03

Does anyone know the laws in South Carolina regarding internet payday loans?



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Sub: #1 HELPWed, 01/16/2013 - 20:14



I am being harrased by a internet loan comapnay that is telling me i took out a loan for $500 in 2008 and now i owe $1200 for not paying them they are being really un professional and tere harrasing me my husband and my father in law there telling me to go to wal mart to use money gram to send the loan they have called me from a 313 area code and a 323 area code there calling me a criminal and threatening to take me to jail and so much more help me please.



denise_b07
denise_b07
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Sub: #2 loan questionFri, 08/19/2011 - 10:03



I have a payday loan from VIP Cash/Qloot from Nevada. My loan was for $400.00 two years ago. They have been taking $180.00 a month out of my account since then. Today the took $230.00 out of my account. When I called I asked why the increase and the response was that they had a note on my file to start paying it down. Well they have received more than 400.00 back from me. Is this legal? I have talked to the Sec. of State's Office and they have verified that they do not hold a license in the state of SC. What are my options? When I spoke to VIP/Qloot this morning, they said are you questioning if we are legal in the state of SC? I responded yes I am and they said they would call me back. I'm sure I won't ever receive that call.


Shazzers
Shazzers


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Sub: #3 No, it isn't legal by any means, but they aren't a licensed/legaSun, 02/13/2011 - 07:29



No, it isn't legal by any means, but they aren't a licensed/legal lender. It would be in your best interest to close your account. Illegal/unlicensed payday lenders are relentless, they will continue to debit your account until there isn't anything left, and that account will never be safe again, it is at risk. Please [URL=http://www.debtconsolidationcare.com/paydayloan/illegal-p dl-dealings.html]CLICK HERE[/URL] to find out how to deal with illegal lenders.

Visit my blog-TAKE CONTROL!
CLICK HERE To join my Social group, The Payday-Loan-Free Advocates!
Online Complaints Ohio Attorney General
Online complaints: Federal Trade Commission.
Ohio Payday Loan Laws


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Sub: #4 I live in SC/Sat, 02/12/2011 - 19:42



I live in SC/


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Sub: #5 I have a internet loan for 300.00 from One Click Cash, and theySat, 02/12/2011 - 19:41



I have a internet loan for 300.00 from One Click Cash, and they charge a 90.00 service fee every two weeks that do not go to paying off the loan. Are the able to do that?


Mike W.
Mike W.
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Sub: #6 bump...there is a poster in SC who might like to see this...Mon, 01/24/2011 - 08:13



bump...there is a poster in SC who might like to see this...

http://www.paydayloaninfo.org/ Awesome informational site


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Sub: #7 we are in conway sc btw sorryFri, 11/19/2010 - 07:28



we are in conway sc btw sorry


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Sub: #8 has anyone heard of usfastcash? and is it legal to make 3 seperaFri, 11/19/2010 - 07:27



has anyone heard of usfastcash? and is it legal to make 3 seperate debits from my account in the same day totaling 170.00 then taking 495.00 from my account today when the loan was 300.00? whenever we call they arent open or wont speak to me


Unregistered

Sub: #9 Is Yes payday loan, Magnum payday loan, USFash Cash legal in SouThu, 11/11/2010 - 10:24



Is Yes payday loan, Magnum payday loan, USFash Cash legal in South Carolina? Please Help!


Shazzers
Shazzers


Posts: 17128
Credits: 158769.1

Sub: #10 Quote:Originally Posted by AnonymousSo, I have recently went andMon, 10/04/2010 - 06:48



Quote:
Originally Posted by Anonymous
So, I have recently went and got a IPDL because I needed help to catch up on some bills. I was orginally trying to go through Check into Cash and they referred me to Loan Point USA? I didn't even know they did that. But, I got in contact with them, and I was only needing 200 when the guy that took my app said I was approved and then said I can get upto $600 I was like naw that's too much I really don't need that much. Well the guy asked me how much I needed, I told him $200 to $300. He replied well we can't go lower than $400. Now, normally I do my research on these things but this was one of those moments were I needed the help and really was vulnerable, so I said OK, I'll do the $400. That was on Friday, I am now reading all these reports and it's Sunday. I have not gotten my money yet and I see post after post stating that it is illegal for a PDL place to do more than $300 in the state of South Carolina. I need hard evidence that this is true, and where to find it, Also any advice that anyone can give please give me info. I have to pay back $520 and plan on paying $300 my first payment and the rest the 2nd payment. Any help and any advise is greatly appreciated.

Read about the South Carolina Deferred Presentment Services Act, which applies to money transmitters, and basically states that a payday lender MUST be licensed in the state of S.C. to be a legal and binding contract. You can also check your DFI to see if Loanpoint USA is licensed to lend (which they are not). You will need to do some extensive research at the link below:
http://www.scstateho use.gov/code/t34c039.htm
Research the code of laws and interpretations thereof. It may take some time but hopefully this will point you in the right direction. :)

Visit my blog-TAKE CONTROL!
CLICK HERE To join my Social group, The Payday-Loan-Free Advocates!
Online Complaints Ohio Attorney General
Online complaints: Federal Trade Commission.
Ohio Payday Loan Laws


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