STATE OF MAINE SECURITIES DIVISION 121 STATE HOME FACILITY AUGUSTA, ME 04333
Today IN RE David Elliot L’Hoir, PayDay! Today U.S.A. Inc. and PayDay! U.S.A. Com, Inc.
NOTICE OF INTENT TO ISSUE CEASE AND DESIST PURCHASE 01-073
David Elliot LвЂ™Hoir (hereinafter described as “LвЂ™Hoir”) may be the creator and President that is current and Executive Officer of PayDay Today! U.S.A. Inc. and PayDay Today! U.S.A. Com, Inc. (hereinafter collectively referred to as “PayDay”). PayDay is pursuant that is incorporated the regulations associated with the State of Nevada. PayDay runs a chain of economic facilities in Southern Ca and contains a loan that is national center in Fort Lauderdale, Florida. PayDay runs through an internet internet site address at and advertises it self as having retail-affiliated stores nationwide.
These loans are tiny, short term loans that want payment within a time period that is relatively short. The consumer provides PayDay with a personal check and receives cash less the interest and fees charged by PayDay in a payDay loan transaction. The check will be held for a scheduled period of the time, generally speaking before the consumerвЂ™s next payday, or a single or period that is two-week thus the word “payday” loan. Continue reading