cashnetusa
I would double check as CashNetUSA operates as a CSO and not a p
I would double check as CashNetUSA operates as a CSO and not a payday loan lender. Therefore, they don't have to follow the payday loan laws for the interest. They are legal and will collect.
Cash Net USA is only a CSO in certain states. The rest of the s
Cash Net USA is only a CSO in certain states. The rest of the states they are a payday loan lender.
The apr isn't a max amount, it's only an example amount. It's the APR for a 14 day loan. Your loan may not be exactly 14 days.
What they can legally charge is 15% of the face value of the loan. Meaning, if your loan is $300, then they can charge you $352.95.
The law for Arizona caps the fees at 15% of check value, or loan value, which means the APR can vary depending on the length of the loan.
Cash Net USA is legal in Arizona, and can take steps to collect the full amount.