Payday Lenders Publications and States. What goes on next? You’ve been authorized for the pay day loan and now have effectively used it to pay for your bills.
As a result of concerns the Department of Corporations has gotten regarding the 2007 Department of Corporations Payday Loan Study presented by Applied Management and Planning Group, the after revisions to the report are offered for clarification purposes:
You’ve got been authorized for the pay day loan and have now effectively utilized it to pay for your bills. What goes on next? You have to repay the mortgage (in respect to your contract), to prevent fees that are late interest fees. But, we recognize that things do happen and circumstances may arise that prevent you from repaying your loan while you originally planned. (more…)