Pennsylvania 6% Usury / CDCA Collection Check

Live. Collecting a Pennsylvania consumer or payday loan? 41 P.S. 201: over 6% without a CDCA license is unlawful, need not be paid, trebled if paid.

Collecting a Pennsylvania consumer, online or payday loan of $50,000 or less? Checks each loan and contact against the Loan Interest and Protection Law and Consumer Discount Company Act: interest above 6% from a lender without a CDCA license is unlawful, need not be paid and is recoverable threefold (41 P.S. 201, 501, 502), out-of-state internet payday lenders included (Cash America v. Dep't of Banking 2010). Flags collecting the unlawful excess (FDCPA 1692f(1), FCEUA) and arrest threats; business loans, banks and licensed CDCA rates out of scope. Not legal advice.

Price: $0.001 per call after 1,000 free per month.

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