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Illegal Payday loan companies

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Posts: 51
Credits: 2311.4
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I was trying to find out which of these payday loan companies are illegal. US Fast Cash, ameriloan, USA Payday loan, E-payday loan, and EZ Payday loan? Can you help me with this? Thanks so much!




kashzan
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Sub: #1 Please let us know what state you live in.
Thu, 02/28/2008 - 06:14

Please let us know what state you live in.




jjones
Posts: 51
Credits: 2311.4

Sub: #2 I live in Tennessee.
Thu, 02/28/2008 - 06:16

I live in Tennessee.




kashzan
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Credits: 40830.4

Sub: #3 I searched the data base for your state and could not find any o
Thu, 02/28/2008 - 06:32

I searched the data base for your state and could not find any of these lenders as holding licenses to lend in TN.




jjones
Posts: 51
Credits: 2311.4

Sub: #4 That is what I thought. I have already closed my bank account an
Thu, 02/28/2008 - 06:35

That is what I thought. I have already closed my bank account and dealing with them almost everyday over the phone which is getting quite stressful. What should I do now since they are not licensed to practice in my state?




goudah2424

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Credits: 122486.25

Sub: #5 TN does not require businesses without a physical location in TN
Thu, 02/28/2008 - 07:23

TN does not require businesses without a physical location in TN to get a TN license. They are legal as long as they have a license from another state. They would need to follow the laws of the state they are licensed in.




jjones
Posts: 51
Credits: 2311.4

Sub: #6 Thanks for the info but I am still confused on how to handle the
Thu, 02/28/2008 - 07:35

Thanks for the info but I am still confused on how to handle these companies.




jjones
Posts: 51
Credits: 2311.4

Sub: #7 Hello? Can someone help me with this asap. I would appreciate an
Thu, 02/28/2008 - 08:09

Hello? Can someone help me with this asap. I would appreciate any help you could give me. Sorry to be a pain but I am getting tired of all of the phone calls from payday companies.




goudah2424

Posts: 7938
Credits: 122486.25

Sub: #8 Is your bank account still open?
Thu, 02/28/2008 - 08:13

Is your bank account still open?




jjones
Posts: 51
Credits: 2311.4

Sub: #9 no i closed it a couple of weeks ago
Thu, 02/28/2008 - 08:16

no i closed it a couple of weeks ago




goudah2424

Posts: 7938
Credits: 122486.25

Sub: #10 Good - That is the first step. Can you post how much you borr
Thu, 02/28/2008 - 08:27

Good - That is the first step.

Can you post how much you borrowed/paid back in fees for each company?




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