The Alert provides advice and contact information to report unlicensed lenders. 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 ezpaydaycash. cash advance east lansing mi, 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.
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If you are unable to repay your loan on time for any reason, please contact your lender as soon as possible. Late payment fees are set by your lender in accordance with the regulations in your state, and lenders also determine their own policies in regard to how they handle late payments.
There are several courses of action that your lender may take, so you should check your loan agreement for specific information that pertains to your lender. Implications of Nonpayment.
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.
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