payday loan trouble

Payday Loans

The Payday Loan Reform Act provides consumer protections by restricting payday lending in several ways:

  • Limits the interest that can be charged for each loan to $15.50 per $100;
  • Sets a cap on total loan amounts to $1,000 or 25% of a customer’s monthly salary, whichever is less;
  • Prevents borrowers from having more than two loans at a time;
  • Provides that payday borrowers cannot have payday loans for more than 45 days.  Once they have reached the 45-day limit they must have at least a seven-day loan free period.
  • Creates a new 56-day repayment period with no additional interest charges for borrowers who have trouble repaying their loans;
Protects borrowers from facing criminal prosecution for unpaid loans, and from paying attorneys fees and court

About

Payday Loans offers short term cash advances to help you make ends meet when those situations arise and you find yourself a little short on cash. Our service is courteous and hassle free.

We are not a bank. We are not here to judge and penalize you. We do not perform a standard credit check however, we do utilize various verification type services to help our staff process your application quickly.

Your business is very important to us and we make sure that you are treated both fairly and with respect. We understand that there are certain times that require a little financial help. A payday loan trouble instrument allows you to take care of those matters with dignity and confidentiality. We want you to feel that you are important to us and if at anytime you feel otherwise, please let us know.

 

Important

Our company is registered with the Utah Department of Financial Institutions. Specific rules and laws may differ from state to state. The service we provide may or may not be available in your state. The service provided by this website is not a solicitation for a loan application.

Our services are not offered for those residents in the following states: Arkansas, Colorado, Georgia, Illinois, Kansas, Massachusetts, New Hampshire, North Carolina, Pennsylvania, Washington, West Virginia.
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