CashNet USA

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I am attempting to determine if the payday loan companies I have gotten involved with are legal in Texas. When I searched CashNet USA, at the CSO website, it says their bond expired in 2007. What exactly does that mean?

Name: Cashnet USA CSO, LLC # 1

Contact: David Shorr
Location: 11 N Skokie Hwy Ste 300, Lake Bluff, IL 60044
Mailing Address: 11 N Skokie Hwy Ste 300 Lake Bluff, IL 60044
File Number: 20060010
Status: Bond Cancelled
Expires: 3/14/2007
Account Bond: S902-5647
Surety Company: WASHINGTON INTL INS CO
Additional Locations: 0




Quote:
Originally Posted by Lara Chapman
I am attempting to determine if the payday loan companies I have gotten involved with are legal in Texas. When I searched CashNet USA, at the CSO website, it says their bond expired in 2007. What exactly does that mean?
Name: Cashnet USA CSO, LLC # 1
Contact: David Shorr
Location: 11 N Skokie Hwy Ste 300, Lake Bluff, IL 60044
Mailing Address: 11 N Skokie Hwy Ste 300 Lake Bluff, IL 60044
File Number: 20060010
Status: Bond Cancelled
Expires: 3/14/2007
Account Bond: S902-5647
Surety Company: WASHINGTON INTL INS CO
Additional Locations: 0


I had a payday loan once with Cashnet USA and my only experience is that they are a legal lender and that they do not loan in a state that they are not licensed in. When I originally received my loan payday loans in AZ were legal. When the law changed in June of this year and my payday loan was still active Cashnet contacted me, made a payment arrangement plan excluding any more interest so the loan could be paid off within the time line given of the new law. Hope this helps.

Sub: #1 posted on Mon, 11/01/2010 - 12:34

Buzzette Buzzette
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(Posts: 401 | Credits: 62.82)

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