consumer location vs pdl location?

reading some through the post. court, etc is where you reside, is that the answer to that part of jurisdiction

The laws that prevail are were you reside...so yes, Montana law is what would be followed. The PLD's will argue otherwise.

you also need to check to see if montana requires any licensing, and if so, check to see if the PDL youre dealing with is legal to do business there. If not, you will have leverage against them.

Here's the problem most poeple are encountering in regards to these loans - I don't know if you've gotten your answers or not, I know the post is a month old - but basically: You got internet payday loans. The PDL may or may not be licensed in the state you live in - you need to research that.

How it *used* to work is that the lender only needed to be license and follow the laws in the state it opened in - hence why Discover is licensed and based in Delaware and only has to fall under Delaware laws.

The court looks at it like this: Your PDL is located in Utah. You seeked out the loan, hence you went to Utah looking for a loan, agreeing to the rules in Utah.

With predatory lending laws in effect, it is now putting the seeking on the part of the lender - as in, they are coming to you in Montana and therefore must do business as MT sees fit.

The problem with Internet loans is that it is truly a consumer fed business - you wouldn't have a loan if you didnt' apply online. most IPDL's are based on native american reservations, hence exempt from state and federal regulations. If that's the case then it doesn't really matter what legal footwork you do with them, they've got a solid exemption.

Always do your research. I hope you found your answers.

state laws always prevail.. also i do not buy the whole thing where companies use reservation land as a mail drop and think they can get away with this.