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Payday Loan Help IN VA

Date: Thu, 10/19/2006 - 04:28

Submitted by anonymous
on Thu, 10/19/2006 - 04:28

Posts: 202330 Credits: [Donate]

Total Replies: 2


I have 10 internet payday loans and I live in VA. I have never dafaulted, but I need help.


Loan roll overs are not permitted in Virginia. Other loan terms in the state are:

Maximum Loan Amount: $500
Loan Term: Min: 7 days
Maximum Finance Rate and Fees: 15%
Finance Charge for 14-day $100 loan: $15
apr for 14-day $100 loan: 390%

Check the lenders in the licensee database at http://www.scc.virginia.gov/division/banking/news/pay.pdf and know about the lenders license. You'll know if they are legal to do business in your state.


lrhall41

Submitted by PassionHunting on Thu, 10/19/2006 - 12:02

( Posts: 512 | Credits: )