DebtConsolidationCare [A+ on BBB] Logo
DebtConsolidationCare Forums
Discuss your problems and get out of debt
Get honest and blunt feedback on your debt issues from Experts for FREE
For Free Debt Counseling: Call 800-DEBT-913 or

is Mobiloans legal to Florida residents? is it a CSO?

ALeo1990
member profile picture

I have defaulted on a payday loan and I was wondering if the loan was legal to begin with. Florida's maximum loan amount is $500 and I borrowed $900. Of course, this happened before I read articles on this forum. I haven't paid anything so far, but my account is closed. Do I just owe them the $500? Or the $900? Help!




SOAPLADY


Debt Samaritan
Posts: 17181
Credits: 474368.58869987

Sub: #1 You owe principal only...no
Thu, 07/18/2013 - 17:35

You owe principal only...no fees and no interest. They illegal. Follow the link in my signature line.





tousi76
Debt Samaritan
Posts: 142
Credits: 2332.75

Sub: #2 Do as soaplady says, they are
Thu, 07/18/2013 - 20:21

Do as soaplady says, they are illegal and cannot do anything to you. FL closed its CSO loophole a few years ago so unless they have a license they are illegal.





Unregistered

Sub: #3 Thanks so much. I've been
Fri, 07/19/2013 - 09:33

Thanks so much. I've been extremely stressed out over this!





bingonut

Debt Samaritan
Posts: 1434
Credits: 16882.05

Sub: #4 hang in there. It does get
Fri, 07/19/2013 - 09:50

hang in there. It does get better.....we are all here to help when you need it!!





Unregistered

Sub: #5 Won
Tue, 10/08/2013 - 17:21

I thank you for your posting, send ACH revoke letter. and waiver wage assignment. they sent be letter stating My account is closed and paid in full. Plan Green is still trying to get their full amount. I borrowed $250.00 and paid 55.44 ever two for 2 months. they still want almost 200.00. They illegal , Please tell your bank you have check fraud. Speak to an officer to get acct number changed,. Do not supply these companies with your new checking acct. number.




Add new comment

Attachment
More information
  • Files must be less than 2 MB.
  • Allowed file types: txt pdf jpg jpeg png.
CAPTCHA
This question (Case Insensitive) is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA

Share post
-->

Page loaded in 0.620 seconds.