Connecticut residents looking for emergency cash loans have multiple options. You could apply for a loan at the bank, or you could drive to a cash advance store in your area. Of course, you could save time, money and gas by simply going to CashLoan.org where you can have that emergency cash in an hour or less.
Whatever your financial emergency- an unexpected car repair, repayment of a personal debt, a gift for that surprise wedding or an unexpected financial loss- CashLoan.org is here to help. As a short-term loan, a cash advance is meant to be repaid quickly, within a couple of weeks. Other differences include the short application and approval process, and the lack of credit check.
Connecticut does not heavily regulate the payday cash loan lending industry. Companies may charge any interest rate and fees that the consumer is willing to pay. Creditors do, however, have to abide by other provisions as stipulated in Connecticut’s small loan laws.
$17 per $100 for amounts up to $600. For amounts from $600 to $1,800, the fee limit is $11 per every $100 borrowed. Interest is added to those fees.
If you feel a payday lender is operating unfairly or engaging in illegal collection practices, you can contact your Connecticut Attorney General:
Office of the Attorney General
55 Elm St.
Hartford, CT 06106