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Effective January 9, 2008, the maximum interest rate that payday lenders may charge in the District of Columbia is 24 percent, [23] which is the same maximum interest rate for banks and credit unions. [24] [25] Payday lenders also must have a license from the District government in order to operate. [24]
This is an accepted version of this page This is the latest accepted revision, reviewed on 27 December 2024. Short-term unsecured loan A shop window in Falls Church, Virginia, advertising payday loans. A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a short-term unsecured loan, often characterized by high interest ...
Pages in category "Payday loan companies" The following 4 pages are in this category, out of 4 total. This list may not reflect recent changes. C. CashLady; T.
The payday lender could report the delinquent balance to the three credit reporting agencies or sell your account to a collection agency. Either way, your credit score will likely drop by several ...
Payday lenders offer small short-term loans, typically up to $500. It’s easy to get approved for these products even if you have bad credit, but there are significant drawbacks: You’ll pay a ...
App. Maximum loan amount. Time to funding. Fees. Google Play rating. App Store rating. Albert. Up to $250. Instantly for a fee; 3-6 days free of charge. Instant cash advance fee
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