The bulletin can be found here. 081313 - EZ CASH, ezpaydaycash. net, Stephen Rogers, Roger Stephens and other individuals The California Department of Business Oversight (DBO) has been notified that a company calling themselves EZ Cash, with the website rbi rules for personal loans recovery. net, purports to hold a California license CTICC License CACL0630809 and to be an internet money lender licensed and operating pursuant to CACL 63-8-9 et.
Seq. EZ Cash is not licensed with the California Department of Business Oversight. The Department of Business Oversight encourages consumers to check the licensing status of companies prior to transacting business. California consumers should contact the Department of Business Oversight to check on the licensing of companies, investments or other financial services they are considering by visiting the financial services licensee listing or calling the Department's toll-free Consumer Services Office at 1-866-275-2677.
081313 - INTERNET ALERT -- Tunica-Biloxi Tribe of Louisiana dba Mobiloans, NATIVE AMERICAN TRIBE ONLINE PAYDAY LENDERS The California Department of Business Oversight (DBO) has received complaints against Mobiloans. It appears that this entity is offering payday loan services within the State of California.
Financial Implications вЂ The cost associated with short term loans of up to 500 can range from 15 to 40, and these costs may climb even higher for loans that are greater than 500 in value.
Before you sign your agreement, you should check these fees carefully. Similarly, there may also be charges applied for nonsufficient funds. As an example, if your 100 loan is 15 days past due, you may be assessed a charge that is equal to 10 of the principle balance as well as a 25 nonsufficient funds fee. Many of the lenders in our network stick with in-house debt collection practices rather than selling your debt to an outside collection agency, and they will never sue you or threaten criminal charges against you.
Your lender may attempt to collect your debt via email, postal mail, rbi rules for personal loans recovery, or text message, and they may offer you a settlement so that you can repay your debt over time.
All of our lenders are required to adhere to the Fair Debt Collection Practices Act which protects you from harassment.
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