Payday Lending

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Georgia law prohibited payday lending for more than years, but the state was not successful in shutting the industry down until the legislation made payday lending a felony, allowed for racketeering charges and permitted potentially costly class-action lawsuits. It has a density of about Retrieved 13 June Not Specified cannot extend or renew loan more than 10 weeks from original loan date. Your browser either doesn't support Javascript or you have it turned off.

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If you have questions regarding the application of a state law to a specific payday loan, please contact the Office of the Attorney General in your state. New York, Pennsylvania, Puerto Rico, Vermont, Virgin Islands and West Virginia. Arizona and North Carolina allowed pre-existing payday lending statutes to sunset. Arkansas repealed its. The services of Oak View Law Group (OVLG) and its affiliates may not be available in all states. OVLG along with its Of Counsel attorneys may also be referred . A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a small, short-term unsecured loan, "regardless of whether repayment of loans is linked to a borrower's payday.".

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