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Is there some specific information regarding the laws of Ohio that state a lender must be licensed in the state of Ohio to lend to Ohio residents? I keep getting responses from pdls in response to the "all in one" revocation letter stating that "yes, we are legal and can lend to Ohio residents" I know they are full of it, but I want to shoot something back to them. I actually had one pdl send the Ohio laws back to me minus the Rollovers allowed: None section... funny...

Oh well, just needed some added ammunition. Now, each time they call my work, I send the letter,again. PayDay Loan Yes is the worst!!

Thanks to all!




you can either keep sending those letters,or file AG complaints.
it's up to you.they are illegal,they are just trying to play games here.

Sub: #1 posted on Fri, 08/15/2008 - 10:06

paulmergel paulmergel
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(Posts: 15506 | Credits: 1356.56)

Ask them to provide you with their license number to lend to Ohio residents. Tell them you were advised by the Ohio Dept. Of Finance to request it. :wink:

Sub: #2 posted on Fri, 08/15/2008 - 10:11

Shazzers Shazzers
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(Posts: 17342 | Credits: 1592.83)

listen to shazz,being from OH as well knows of what she speaks.

Sub: #3 posted on Fri, 08/15/2008 - 10:14

paulmergel paulmergel
Moderators Cum Industry Expert
(Posts: 15506 | Credits: 1356.56)

Thanks for the advice!! That's great!

Sub: #4 posted on Fri, 08/15/2008 - 10:21

chensley chensley

(Posts: 28 | Credits: 11.89)

NO LICENSE=NO PAYMENT :twisted:

Sub: #5 posted on Sun, 08/17/2008 - 06:43

wssu92 wssu92

(Posts: 510 | Credits: 31.64)

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