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Can I take out a payday loan from another state where I am not leaving?

Date: Wed, 10/09/2019 - 00:05
Submitted by henberd9 on Wed, 10/09/2019 - 00:05
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Can I take out a payday loan from another state where I am not leaving? Actually, I am getting a good offer, that's why.


Usually, lenders are supposed to lend to people staying i that state only. This is because the payday lending laws differ from one state to another. Therefore, even if payday lending is valid in both the states, the lenders are prohibited to lend to people staying in another state.


Submitted by Good Nelly on Thu, 10/10/2019 - 22:35

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Moneylenders are required to loan just to individuals in states they are authorized in, and individuals from an alternate state are restricted from acquiring. Notwithstanding, in case you're a changeless occupant of a state where payday loaning is legitimate yet are briefly living in another state, you may, in any case, have the option to get an advance.


Submitted by shanerobert951 on Thu, 10/10/2019 - 22:36

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In such a case, why don't you look for an alternative option? You can take out a personal loan for the purpose and you can take out such a loan at relatively lower terms and conditions.


Submitted by Mabelle Page on Mon, 10/14/2019 - 04:02

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I would just like to add one point. Online lenders often offer loans to borrowers in various states. Suppose, they are originally in Utah but are offering loans in California. But that's not right. I'm happy that you asked this question before taking out the loan. Now, my next question to you, what kind of good offer are you getting? How much interest rate are they charging?


Submitted by Nick Jonas on Tue, 10/15/2019 - 20:44

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