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Posted: Tue Aug 19, 2008 6:13 pm Subject: NSF Fees Allowed-Quick Question

Does anyone know what the permissible NSF fee for the State of Mississippi is? I can't find it anywhere. I checked paydayloaninfo..org and all it says is that payday lenders are allowed to charge an NSF fee. They don't say how much. Is there a better resource for this type of information that anyone is aware of?

Any help is much appreciated.

Posted: Tue Aug 19, 2008 6:16 pm Subject:

I am thinking that you should be checking your state's banking an finance department to ask them...hopefully someone that has more experience than I will be around but that is what I would do is check with them.

Posted: Tue Aug 19, 2008 7:17 pm Subject:

Thanks for your response! So I visited the website and read up on the legislation; it doesn't say what specific amounts can be charged so I have to assume that $35 is allowed, right? It just seems kind of high to me...