confused - Blue King Loans in Colorado?

confused in CO
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Hi - I'm confused about the loan I have out with Blue King (a tribal lender). It was an internet loan for $400. So far I have made two interest payments of $106 each for a total of $212 paid.

I live in Colorado and I know that a lender must be licensed in Colorado for a payday loan here to be legal. How do I find out if Blue King is licensed in CO? Any tips and tricks for dealing with them? I fully intend to repay the principal of the loan.




Tribal lenders are never licensed....they all illegal.

Sub: #1 posted on Mon, 10/15/2012 - 13:41

SOAPLADY SOAPLADY
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(Posts: 17205 | Credits: 4745.71)

I found out they are illegal in PA too....I took a loan for 600.00 and so far have paid 3 pymts of 159 JUST on interest.......then they tell me i will be paying 219 a pay until loan is paid; this is a crime!!!

What do we do about it and do we have to continue paying these scam artists????


Sub: #2 posted on Mon, 12/17/2012 - 17:02

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@ Patti - follow this link on how to deal with illegal lenders by OhioGal - http://www.debtconsolidationcare.com/paydayloan/dealingwi th-illegallende...


And please register with the site to make it easier to find you and help you with other questions that may arise.


Sub: #3 posted on Tue, 12/18/2012 - 05:12

HelpinAZ HelpinAZ
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(Posts: 1873 | Credits: 288.09)

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