Debtconsolidationcare: Internet's first get-out-of-debt community
552,979 members

Internet's first get-out-of-debt community 552,979 members


Debt Consolidation Forums Payday Loan help

Payday Loan Help Nevada



cynthiawa888

Posts: 0
Credits: 65.25
[Donate]
Sub: Payday Loan Help Nevada
Thu, 31/07/2008 03:37

I am a resident of Nevada. I have two payday loans out. Both were done by internet. The first is to Eagle Finance. The loan amount was $300. I have paid $625 and owe $200 in principal. The second is to Sandpoint Capital. It was for $300 and I have paid $90 of interest. I still owe $300. Can you help me?



Article Rating: 
Shazzers
Shazzers


Posts: 17127
Credits: 159019.7

Sub: #1 I'm not very clear on the Nevada laws for pdl's so I am going toThu, 07/31/2008 - 03:37



I'm not very clear on the Nevada laws for pdl's so I am going to bump this in the hopes that someone else who is, can advise you.

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


Unregistered

Sub: #2 replyWed, 07/30/2008 - 18:46



they are payday loans


Shazzers
Shazzers


Posts: 17127
Credits: 159019.7

Sub: #3 Well, the Nevada laws aren't very stringent in Nevada unfortunatSun, 07/27/2008 - 18:17



Well, the Nevada laws aren't very stringent in Nevada unfortunately, I will post them for you. Are these installment loans, or payday loans?

Quote:
Nevada State Information

Legal Status: Legal

Citation:
Nev. Rev. Stat. 604A.010 et seq.

Loan Terms:
Maximum Loan Amount: 25% of expected gross monthly income
Loan Term: Max: 60 days
Maximum Finance Rate and Fees: Not Specified (After default: interest rate must be equal to or less than the prime rate at the largest bank in the State of Nevada plus 10 %)
Finance Charge for 14-day $100 loan: No Limit
apr for 14-day $100 loan: No Limit

Debt Limits:
Maximum Number of Outstanding Loans at One Time: Not Specified
Rollovers Permitted: Not Specified (Lenders cannot extend payment period beyond 60 days after expiration of initial loan period)
Cooling-off Period:
Repayment Plan: Yes

Collection Limits:
Collection Fees: $25 dishonored check fee (max. two fees for insufficient funds; max. one fee for closed account) Court Costs; Reasonable Attorney's Fees; Service of process costs
Criminal Action: Prohibited (Unless customer acted with criminal intent)

Where to Complain, Get Information:
Regulator: Nevada Financial Institutions Division
Address: 2785 E. Desert Inn Rd., Suite 180 Las Vegas NV 89121
Phone: (702) 486-4120
Fax: (702) 486-4563
Regulatory Contact: , Supervisory Examiner

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


Add new comment

Full HTML

  • Web page addresses and e-mail addresses turn into links automatically.

Filtered HTML

  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <blockquote> <code> <ul> <ol> <li> <dl> <dt> <dd><img>
  • Lines and paragraphs break automatically.

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
CAPTCHA
This question (Case Insensitive) is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Enter the characters shown in the image.
Share post

Inter Next Technologies, Inc., Internet Marketing Services, Reno, NV


Page loaded in 3.090 seconds.