While there is no law limiting the interest that can be charged to make a loan, there are laws protecting borrowers regarding other fees that can be charged, what can be charged after default, the right to a repayment plan after default and before being sued, and protecting borrowers from harassment. If you feel you are being taken advantage of, come in and bring all of your paperwork during our walk-in hours, Monday through Thursday, 9:00 a.m. - 4:00 p.m.
We offer a free community legal information class titled, Payday Loans and Title Loans once a month. The class will help consumers understand Payday Loans and Title Loans, their rights if they have these short term loans, and what lenders can and cannot do to borrowers. The Payday Loan and Title Loan class calendar is located HERE.
If you are being sued over a payday loan, you will find information about what to do and how to respond to a complaint or lawsuit for money by visiting the Civil Law Self Help Center website located HERE.