Nick Gallo

Despite its predatory reputation, payday lending still occurs frequently across America. Because the industry is regulated by state officials — not the federal government — the rules are inconsistent. Here’s what you should know about the Colorado payday loan laws if you live in the state. Payday lending status in Colorado: Prohibited Colorado’s Proposition 111,

Payday loans have short repayment terms, high interest rates, and small principal balances. Because they frequently trap borrowers in a cycle of debt, some state governments limit or prohibit them, but that’s not true of the entire country. Here’s what you should know about the Tennessee payday loan laws if you live in the state.

The debate over the necessity and morality of payday loans has been going on for years, but they’re still legal in most parts of the United States. Unfortunately, each state government has the authority to regulate them within their borders, and they all take a different approach. Here’s what you should know about the Florida

Payday loans have long been controversial for their tendency to trap borrowers in a cycle of debt. Unfortunately, individual states have the authority to regulate them within their borders, and many choose to allow the predatory industry to continue charging unreasonable interest rates. These are the California payday loan laws. Payday lending status in California:

Payday loans are an extremely expensive form of short-term borrowing and often trap people in a cycle of debt. Some states have tried to protect consumers by prohibiting the industry, but most still allow it to continue to some degree. If you live in Oklahoma, here’s what you should know about the state’s payday loan

Payday loans are short-term loans with no credit check that unqualified borrowers can use in emergencies. However, they’re highly controversial since their high finance charges often create more problems for borrowers than they solve. As a result, each state regulates them differently. Here’s how the New Jersey payday loan laws work. Payday lending status in

Payday loans help people with bad credit get fast cash. Unfortunately, so many state regulations allow such high finance charges and short repayment terms that the loans often trap borrowers in a cycle of debt. If you’re considering taking out a payday loan in Virginia, here’s what you should know about the Virginia payday loan

Payday loans’ tendency to trap borrowers in perpetual debt has made them controversial in America, but the federal government hasn’t stepped in to forbid them. Instead, state governments can regulate them how they see fit, and each one has a different set of rules for the industry. These are the Nevada payday loan laws. Payday