 Posted: Wed Nov 12, 2008 1:15 am Subject: |
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I found the following information which states that payday loans are prohibited in Connecticut: -
| Quote: | Legal Status: Prohibited
Citation:
Usury act applies or small loan act applies. Conn. Gen. Stat.§ 36a-563
Small Loan Rate Cap
30.03% apr or $17 per $100 up to $600; $11 per $100 up to $1,800; add-on interest
Where to Complain, Get Information:
Regulator: Connecticut Department of Banking
Address: 260 Constitution Plaza Hartford CT 06103
Phone: (860) 240-8299
Fax: (860) 240-8167
Regulatory Contact: Alan Cicchetti Deputy Commissioner |
Source: - "http://www.paydayloaninfo.org"
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phoenix
Joined: 14 May 2008
Posts: 1081
Debtcc Points: 6075
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