massachusetts laws and payday loans
Date: Wed, 10/04/2006 - 09:46
I am trying to find out what the laws are in Mass regarding payday loans. Also, whether any of the following are licensed to do business in Mass. Impact Cash, United Cash Loans, CashNet, AIP, EZloans, Paycheck and National Money Store. Any help would be greatly appreciated.
Massachusetts State prohibits payday loans. Here is the contact
Massachusetts State prohibits payday loans. Here is the contact of your State Regulator's website.
Regulator: Massachusetts Division of Banks
Address: One South Station Boston, MA 02110
Phone: (617) 956-1500
Fax: (617) 956-1599
Regulatory Contact: Kevin McNamara, Supervisor
http://www.mass.gov/portal/
Any of the payday loan companies do not have the permission to do business in your state.
