by Rachel Hunter | Jul 14, 2014 | Articles / Payday Lending
In 2001, the payday lending laws were allowed to expire. Payday lenders tried to circumvent the law and in 2006, the NC Attorney General was able to work out a deal with payday lenders who thereafter ceased doing business in North Carolina. You can read about it...
by Rachel Hunter | Jul 14, 2014 | Articles / Payday Lending
Here is a link from the Georgia Department of Banking and Finance regarding payday loans: http://dbf.georgia.gov/payday-lending Payday lending is largely prohibited in Georgia UNLESS the loan is made pursuant to the Georgia Industrial Loan Act (GILA) or is one of the...
by Rachel Hunter | Jul 14, 2014 | Articles / Payday Lending
Pennsylvania has several laws which come into play, the Consumer Discount Company Act (CDCA), codified at 7.P.S §§ 6201—6219 and the Loan Interest Protection Law (LIPL), codified at 41 P.S. §§ 101-605. While the laws actually have to be read in details as they are...
