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Hello. My name is***** am an attorney. I will review your question. I may need to clarify facts first. I will answer & we can discuss issues.
Massachusetts requires a small loan company license to lend money. This license is required of any company or sole proprietorship that directly or indirectly engages in the business of negotiating, arranging, aiding or assisting a borrower or lender in procuring or making loans for personal, family or household purpose of $6,000 or less and 12% or greater APR, regardless of whether such loans are actually made by that company/ sole proprietorship or by another party. Here is a link to the state's info on it:
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I have attempted to search for you extensively, and I cannot find something for a type of lender like you want to be. I only find information on banking or financial companies, which would be probably a much higher burden. I will opt out because some other expert may know more than me.