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Sep 28, 2017 - 34 minute read

Mortgage vs personal loan to buy land

[I]t did not do so. Reading the statute according to the natural and most obvious import of the statutory language, we conclude that R. 1321. 51(F) is not ambiguous. Justice French then addressed the question whether the STLA bars MLA lenders from making payday-type loans. She explained that, before its repeal in 2008, the Check Cashing Lender Law allowed lenders to make payday loans, which are usually unsecured short-term loans for small amounts that are to be repaid in full on the borrowers next payday.

The STLA was enacted in its place in 2008 to in part deal with concerns about payday loans. Justice French noted, however, that no loan providers mortgage vs personal loan to buy land now registered under the STLA.

Instead, lenders making payday loans in the state are mostly registered under the MLA or another loan act. In its decision, the Ninth District ruled that the General Assembly intended, when it repealed the check-cashing law and passed the STLA, to bar any payday loans.

Mortgage vs personal loan to buy land

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Neither of these companies has bothered to respond to my requests. Are these legitimate companies. What are my options in dealing with these companies. I am concerned especially when EOS CCA is asking for a social security number.

Mortgage vs personal loan to buy land

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