cashnetusa
Date: Sun, 09/02/2007 - 06:11
cashnetusa
I have sent a copy of my loan papers from CASHNETUSA to the Sandra Smith at the Florida Regulations department. I am also asking her to explain why CSO's can get way with breaking the lending law. I don't get it. If the law clearly states that there are no rollovers or extentions allowed and that they can only charge their fee's once, then why does a CSO get away with going against these laws? If they can only charge 10% + $5.00 per $100, then why am I paying $38.79 for a $150.00 loan? I'm not great at math, but, I figure it should be $15.00 +$5.00, right? According to the email that cahsnet sent me back, they state that they are allowed to roll my loan over 3 times. I know that this has been explained to before on this forum, but, I think that our states department need to hear about this CSO thing so that they can get a handle on them too! Any thoughts...... anyone?
Nutsie, I would like to contact Robert also. CashNet is drivin
Nutsie, I would like to contact Robert also. CashNet is driving me crazy!
Sandy - Your best bet to get them off your back is to pay them o
Sandy - Your best bet to get them off your back is to pay them off. They are operating legally - Until the laws in Florida regarding CSO's change there is little anybody can do to stop them.
I really hope the investigation into this in Florida leads to the laws being changed. But until that happens it is a legal debt, and they can take steps to collect on that debt.
I understand what you are saying, but right I now I don't have t
I understand what you are saying, but right I now I don't have the money and I'm sending them what I can (money order), which they have cashed. I just would like to talk to Robert also.
Then call your DFI. I'm just telling you there is not much they
Then call your DFI. I'm just telling you there is not much they can do to help you with a 100% legally operating company.