The other day is was reading this article… Consumers Warned of Online Payday Loan Sites and below are the highlights.

Quote: “According to a CFA survey of one hundred Internet payday loan sites, small loans involving electronic access to consumers’ checking accounts pose high risks to consumers who borrow money by transmitting personal financial information via the Internet.”

Anything you do on the internet is subject to some risk. But the times I have used online payday loans everyone was very professional and they did exactly what we arranged. Money goes into my checking account and when time to pay it back loan plus interest comes out. Never a problem or thought of some how the process going wrong. I have done three payday loans online before, never a hitch.

I am wondering if the people that wrote the article have ever used an online payday loan or even a brick and mortar payday loans. Just wondering out loud.

Not to rebuke the article, but I have found payday loans easy to get and have saved me tons of money over the years.

In a normal year the payday loan industry generates about $27 billions of dollars in loans. The payday industry operates in 35 states with about 20,000 plus brick and mortar locations. About 76 percent of their loans are where a another loan is made during the same two week period after the previous payday loan is paid off.

Payday Loans or “Quick Cash” loans come in real handy when you are short on cash. Today you can go to brick and mortar business for a payday loan or cash advance loan and you can even get online payday loans. The interest rates are a little healthy, but the speed and convenience of getting the cash quick to cover an unexpected expense overrides the costs.

These are the rules, laws and regulations of payday loans in New Jersey.

New Jersey Payday Loan Laws
New Jersey Legislation State Information

New Jersey does not have what they call payday loan safe-harbor legislation.

No brick and mortar payday loan companies in New Jersey

Absecon
Allendale
Asbury Park
Ashland
Atlantic City

Audubon
Avenel
Barclay-Kingston
Barrington
Bayonne
Beachwood
Belleville
Bellmawr
Belmar

Bergenfield
Berkeley Heights
Berlin
Bernardsville
Bloomfield
Bloomingdale
Bogota
Boonton
Bound Brook

Bridgeton
Brigantine
Browns Mills
Budd Lake
Burlington
Butler
Caldwell
Camden
Carneys Point

Carteret
Cedar Grove
Chatham
Cherry Hill Mall
Clark
Clayton
Cliffside Park
Clifton
Closter

Collingswood
Colonia
Cranford
Cresskill
Crestwood Village
Dayton
Dover
Dumont
Dunellen

East Brunswick
East Orange
East Rutherford
Eatontown
Echelon
Edgewater
Edison
Elizabeth
Elmwood Park

Emerson
Englewood
Erlton-Ellisburg
Ewing
Fair Lawn
Fairfield
Fairview
Fanwood
Florence-Roebling

Florham Park
Fords
Fort Dix
Fort Lee
Franklin Lakes
Freehold
Garfield
Glassboro
Glen Ridge

Glen Rock
Gloucester City
Greentree
Guttenberg
Hackensack
Hackettstown
Haddon Heights
Haddonfield
Haledon

Hammonton
Harrison
Hasbrouck Heights
Hawthorne
Highland Park
Hillsdale
Hillside
Hoboken
Holiday City-Berkeley

Hopatcong
Irvington
Iselin
Jamesburg
Jersey City
Keansburg
Kearny
Kendall Park
Kenilworth

Keyport
Kinnelon
Lake Mohawk
Lakewood
Laurence Harbor
Leisure Village West-Pine Lake Park
Leonia
Lincoln Park
Lincroft

Linden
Lindenwold
Linwood
Little Falls
Little Ferry
Little Silver
Livingston
Lodi
Long Branch

Lyndhurst
Madison
Madison Park
Manasquan
Manville
Maplewood
Margate City
Marlton
Matawan

Maywood
McGuire AFB
Mercerville-Hamilton Square
Metuchen
Middlesex
Midland Park
Millburn
Milltown
Millville

Montclair
Montvale
Moorestown-Lenola
Morganville
Morristown
Mountainside
Mystic Island
New Brunswick
New Milford

New Providence
Newark
Newton
North Arlington
North Brunswick Township
North Caldwell
North Haledon
North Plainfield
Northfield

Nutley
Oakland
Ocean Acres
Ocean City
Old Bridge
Oradell
Orange
Palisades Park
Palmyra

Paramus
Park Ridge
Passaic
Paterson
Paulsboro
Pennsauken
Pennsville
Perth Amboy
Phillipsburg

Pine Hill
Pitman
Plainfield
Pleasantville
Point Pleasant
Pompton Lakes
Princeton
Princeton Meadows
Rahway

Ramblewood
Ramsey
Raritan
Red Bank
Ridgefield
Ridgefield Park
Ridgewood
Ringwood
River Edge

River Vale
Rockaway
Roselle
Roselle Park
Rumson
Runnemede
Rutherford
Saddle Brook
Sayreville

Scotch Plains
Secaucus
Somers Point
Somerset
Somerville
South Amboy
South Orange
South Plainfield
South River

Spotswood
Springdale
Springfield
Stratford
Strathmore
Succasunna-Kenvil
Summit
Teaneck
Tenafly

Tinton Falls
Toms River
Totowa
Trenton
Twin Rivers
Union
Union Beach
Union City
Upper Saddle River

Ventnor City
Verona
Villas
Vineland
Waldwick
Wallington
Wanaque
Washington
Washington Township

Wayne
West Caldwell
West Freehold
West Long Branch
West Milford
West New York
West Orange
West Paterson
Westfield

Westwood
Wharton
White Horse
White Meadow Lake
Williamstown
Wood-Ridge
Woodbridge
Woodbury
Wyckoff

Yardville-Groveville
Yorketown

Atlantic County
Bergen County
Burlington County
Camden County
Cape May County
Cumberland County
Essex County

Gloucester County
Hudson County
Hunterdon County
Mercer County
Middlesex County
Monmouth County
Morris County
Ocean County
Passaic County

Salem County
Somerset County
Sussex County
Union County
Warren County

Payday Loans or “Quick Cash” loans come in real handy when you are short on cash. Today you can go to brick and mortar business for a payday loan or cash advance loan and you can even get online payday loans. The interest rates are a little healthy, but the speed and convenience of getting the cash quick to cover an unexpected expense overrides the costs.

These are the rules, laws and regulations of payday loans in New Hampshire.

New Hampshire Payday Loan Laws
New Hampshire Legislation State Information

Payday Loan Legal Status: Legal

Loans are capped at a 36 percent APR.

All major Payday Loan companies have shutdown in New Hampshire.

Amherst
Atkinson
Barrington
Bedford
Belmont

Berlin
Bow
Claremont
Concord
Conway
Derry
Dover
Durham
Exeter

Franklin
Gilford
Goffstown
Hampstead
Hampton
Hanover
Hollis
Hooksett
Hudson

Keene
Laconia
Lebanon
Litchfield
Londonderry
Manchester
Merrimack
Milford
Nashua

Newmarket
Newport
Pelham
Pembroke
Plaistow
Portsmouth
Raymond
Rochester
Salem

Seabrook
Somersworth
Stratham
Swanzey
Weare
Windham
Wolfeboro

Belknap County
Carroll County

Cheshire County
Coos County
Grafton County
Hillsborough County
Merrimack County
Rockingham County
Strafford County
Sullivan County

Payday Loans or “Quick Cash” loans come in real handy when you are short on cash. Today you can go to brick and mortar business for a payday loan or cash advance loan and you can even get online payday loans. The interest rates are a little healthy, but the speed and convenience of getting the cash quick to cover an unexpected expense overrides the costs.

These are the rules, laws and regulations of payday loans in Nevada.

Nevada Payday Loan Laws
Nevada Legislation State Information

Payday Loan Legal Status: Legal

Citation:
Nev. Rev. Stat. 604A.010 et seq.

Payday Loan Terms:
Maximum Payday Loan Amount: 25% of expected gross monthly income
Payday Loan Term: Max: 60 days
Maximum Finance Rate and Fees: Not Specified
- interest rate must be equal to or less than the prime rate at the largest bank in the State of Nevada plus 10 %
Finance Charge for 14-day $100 payday loan: No Limit

apr for 14-day $100 loan: No Limitations

Payday Debt Limits:
Payday Maximum Number of Outstanding Payday Loans at One Time: Not Specified
Rollovers Permitted: Not Specified
Payday Lenders cannot extend payment period beyond 60 days after expiration of initial loan period
Cooling-off Period:
Repayment Plan: Yes

Payday Loan Collection Limits:
Collection Fees: $25 dishonored check fee
- max. two fees for insufficient funds
- max. one fee for closed account
- Court Costs
- Reasonable Attorney’s Fees
- Service of process costs

Criminal Action: Prohibited
- Unless customer acted with criminal intent)

Regulator: Nevada Financial Institutions Division
Address: 2785 E. Desert Inn Rd., Suite 180
Las Vegas NV 89121
Phone: (702) 486-4120
Fax: (702) 486-4563
Regulatory Contact: , Supervisory Examiner

Boulder City
Carson City
Elko
Enterprise
Fallon

Fernley
Gardnerville Ranchos
Henderson
Incline Village-Crystal Bay
Las Vegas
Laughlin
Lemmon Valley-Golden Valley
Mesquite
Nellis AFB

North Las Vegas
Pahrump
Paradise
Reno
Spanish Springs
Sparks
Spring Creek
Spring Valley
Sun Valley

Sunrise Manor
Whitney
Winchester
Winnemucca

Carson City
Churchill County
Clark County
Douglas County
Elko County

Esmeralda County
Eureka County
Humboldt County
Lander County
Lincoln County
Lyon County
Mineral County
Nye County
Pershing County

Storey County
Washoe County
White Pine County

The legalized Payday loan started in the 1990′s. The Idea was to allow anyone to take out a small unsecured loan and charge the customer a flat fee for the loan. The payback was due back in a short period of time. The consumer would make a check out for the loan with fees and post dated to the due date of the loan. Lender will hold the check until the original loan is paid off. Lenders will deposit the check on due date but most want cash brought to them in replacement of the check. Millions of consumers, even consumers with bad credit have utilized these vital financial services to provide a money resource until the next payday.

PaydayLoanSavvy

Find a online payday loan

Payday Loans or “Quick Cash” loans come in real handy when you are short on cash. Today you can go to brick and mortar business for a payday loan or cash advance loan and you can even get online payday loans. The interest rates are a little healthy, but the speed and convenience of getting the cash quick to cover an unexpected expense overrides the costs.

These are the rules, laws and regulations of payday loans in Nebraska.

Nebraska Payday Loan Laws
Nebraska Legislation State Information

Payday Loan Legal Status:Nebraska Legal

Citation:Nebraska
Neb. Stat. Ann. § 45-901

Nebraska Payday Loan Terms:Nebraska
Maximum Payday Loan Amount: $500
Payday Loan Term: Max: 31 days
Maximum Finance Rate and Fees: $15 per $100 or pro rata for any part thereof on amount of check
Finance Charge for 14-day $100 loan: $17.65
APR for 14-day $100 loan: 459%

NebraskaDebt Limits:Nebraska
Maximum Number of Outstanding Loans at One Time: Two
Rollovers Permitted: None – You can not repay, refinance, or consolidate the loans
Cooling-off Period:
Repayment Plan:

Nebraska Payday loan Collection Limits:Nebraska
Payday loan Collection Fees: $15 NSF fee
Criminal Action:

Nebraska
Regulator:
Nebraska Department of Banking & Finance
Address: Financial Institutions
1230 ‘O’ Street, Suite 400
P.O. Box 95006
Lincoln NE 68509
Phone: (402) 471-2171

Alliance
Beatrice
Bellevue
Blair
Chalco

Columbus
Crete
Elkhorn
Fremont
Gering
Grand Island
Hastings
Kearney
La Vista

Lexington
Lincoln
McCook
Nebraska City
Norfolk
North Platte
Offutt AFB
Omaha
Papillion

Plattsmouth
Ralston
Scottsbluff
Seward
Sidney
South Sioux City
York

Adams County
Antelope County

Arthur County
Banner County
Blaine County
Boone County
Box Butte County
Boyd County
Brown County
Buffalo County
Burt County

Butler County
Cass County
Cedar County
Chase County
Cherry County
Cheyenne County
Clay County
Colfax County
Cuming County

Custer County
Dakota County
Dawes County
Dawson County
Deuel County
Dixon County
Dodge County
Douglas County
Dundy County

Fillmore County
Franklin County
Frontier County
Furnas County
Gage County
Garden County
Garfield County
Gosper County
Grant County

Greeley County
Hall County
Hamilton County
Harlan County
Hayes County
Hitchcock County
Holt County
Hooker County
Howard County

Jefferson County
Johnson County
Kearney County
Keith County
Keya Paha County
Kimball County
Knox County
Lancaster County
Lincoln County

Logan County
Loup County
Madison County
McPherson County
Merrick County
Morrill County
Nance County
Nemaha County
Nuckolls County

Otoe County
Pawnee County
Perkins County
Phelps County
Pierce County
Platte County
Polk County
Red Willow County
Richardson County

Rock County
Saline County
Sarpy County
Saunders County
Scotts Bluff County
Seward County
Sheridan County
Sherman County
Sioux County

Stanton County
Thayer County
Thomas County
Thurston County
Valley County
Washington County
Wayne County
Webster County
Wheeler County

York County