Speedy Cash Inc dba LendingBear; The petition seeks the agency’s opinion as to the applicability of Chapter 560, Florida Statutes, as it applies to the petitioner. The petition sought a declaratory statement from the Office on whether Chapter 560, ...

 

DEPARTMENT OF FINANCIAL SERVICES

Finance

NOTICE IS HEREBY GIVEN that the Florida Office of Financial Regulation has declined to rule on the petition for declaratory statement filed by Speedy Cash Inc. dba LendingBear on May 8, 2017. The following is a summary of the agency’s declination of the petition:

The petition seeks the agency’s opinion as to the applicability of Chapter 560, Florida Statutes, as it applies to the petitioner. The petition sought a declaratory statement from the Office on whether Chapter 560, Florida Statutes permits licensed money service businesses to make deferred presentment loans to customers without taking a physical paper check. On July 25, 2017, the Petition was withdrawn.

A copy of the Order Declining of the Petition for Declaratory Statement may be obtained by contacting: Agency Clerk, Office of Financial Regulation, P.O. Box 8050, Tallahassee, Florida 32314-8050, [phone].

Please refer all comments to: Agency Clerk, Office of Financial Regulation, P.O. Box 8050, Tallahassee, Florida 32314-8050, [phone].