Payday Loan Help IN VA
Date: Thu, 10/19/2006 - 04:28
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
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.