Director Patricia Perkins dilemmas the Consumer that is following Alert Idaho borrowers.
With problems that arise regarding your loan transaction if you borrow money from an unlicensed payday lender, or other unlicensed lender who offers consumer loans over the Internet, please be aware that the Idaho Department of Finance may have limited ability to assist you.
The Department is now alert to the issues Idahoans have seen with unlicensed online loan providers who have threatened borrowers with debt collection calls with arrest and legal actions. Fraudulent online loan providers also have piled on undisclosed and inflated loan costs and also have proceeded to withdraw re re payments from customers’ accounts in more than the mortgage financial obligation. (más…)