Category Archives: paydayloansohio.org Payday Loans

Lawmakers push for interest-rate cap on payday, name loans

Lawmakers push for interest-rate cap on payday, name loans ALBUQUERQUE, N.M. (AP) — Bright signs, many of them neon that is flashing lure passers-by along historic Route 66 with claims of quick money if they’re in a bind. Window dressings in strip malls, converted filling stations as well as other storefronts in brand new Mexico’s […]

Limits on the loan duration and elegance periods

Limits on the loan duration and elegance periods High-interest loans are typically restricted to 35 times. Nevertheless when the mortgage is an installment loan, it could be designed for a term as high as 3 months. Deferred deposit loans are strictly limited by 35 times. Borrowers have the right to a long repayment plan all […]