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I thought the biggest issue with these loans is that they're all from companies based in South Dakota and Delaware and other states which have gutted their cons
by s73v3r_ 8y ago
I thought the biggest issue with these loans is that they're all from companies based in South Dakota and Delaware and other states which have gutted their consumer protection laws, and so other states can't do anything about it?
- JumpCrisscross 8y ago> other states can't do anything about it I'm a New Yorker. If a South Dakota company markets a loan to me, they're in New York's jurisdiction. The contract may specify Delaware law. But I think states can write consumer protections to override such clauses.