Tribal loan is not governed by state law

Submitted by Anonymous (not verified) on Tue, 06/25/2013 - 11:55
Forums

If you received a loan from Western Sky and all documentation signed was with the name Western Sky and now transferred to Cash Call is this loan legal in the state of Florida. I personally don't think so since a tribal loan is not governed by state law, how can they transfer to Cash Call. I believe they are trying to get around the lender laws in Florida because of the rates of interest they charge. Can they go after you for non payment since western sky is the originator of the loan?

Welcome to the forums!!!
Western Sky is an illegal lender. Since the loan has originated with Western Sky, so in this case this loan is considered as illegal.You owe them only the principal balance. No interest, no fees. Just close down your old bank account and open a new one to stop debiting money from your account. Don’t worry, they can’t do anything because of non-payment.

Wed, 06/26/2013 - 04:47 Permalink