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Golden valley lending





Sub: Golden valley lending
Wed, 26/12/2012 20:38

Is golden valley lending licensed in California? (Payday loan lending)



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HelpinAZ
HelpinAZ

Posts: 1774
Credits: 26970.785013894

Sub: #1 California Payday LoanMon, 12/31/2012 - 03:57



California Payday Loan LawsState Legal StatusPayday loan lending is considered legal in the State of California. A payday loan company is guided by the payday loan lending laws applicable in California.Loan Specifications

  • Maximun Amount of Loan - $300

  • Term of Loan - Maximum 31 days

  • Maximum Rate of Finance and Fees- 15% of the check

  • Finance Charge for $100 loan for a 14 day period - $17.65

  • APR for $100loan for a 14 day period - 459%

Debt Limits

  • Maximum Number of outstanding loans permitted at a time - 1

  • Permissible number of Rollovers - None (fees cannot be charged for extension)

  • Cooling-off Period - None

  • Repayment Plan - Voluntary (fees may not be charged in relation to payment plan)

Limits of Collection

  • Collection Fees Amount - NSF fee of $15

  • Criminal Action - Prohibited

USA Payday Loan Laws
How to deal with illegal lenders, step by step instructions, courtesy of OhioGal
How to write a proper debt validation request, courtesy of SOAPLADY
How to deal with a Collection agency contacting you for PDLs, courtesy of Waffles


HelpinAZ
HelpinAZ

Posts: 1774
Credits: 26970.785013894

Sub: #2 This is from their website -Mon, 12/31/2012 - 03:56



This is from their website - Tribal lending entity wholly owed and operated by the Habematolel Pomo of Upper Lake, California - I am sure the are a illegal tribal lender, you can check to see if they are licensed to lend in CA.Here is who you would contact to ask.. 

  • Regulator - California Department of Corporations

  • Address - Financial Services Division, 1515 K Street, Suite 200 Sacramento CA 95814

  • Phone - (866) 275-2677

USA Payday Loan Laws
How to deal with illegal lenders, step by step instructions, courtesy of OhioGal
How to write a proper debt validation request, courtesy of SOAPLADY
How to deal with a Collection agency contacting you for PDLs, courtesy of Waffles


ditchdebt
ditchdebt
Posts: 418
Credits: 13825.65

Sub: #3 I made a google search onSun, 12/30/2012 - 21:32



I made a google search on Golden Valley. All i'm getting is information about Ace Cash Express.



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