1. What exactly is a presentment that is deferred tiny loans?

These loans may get by various names such as: cash loan, check advance, deferred deposit check loans, deferred presentment or tiny loans. a quick payday loan is|loan that is payday} a short-term personal bank loan secured by way of a debtor’s individual check or the debtor’s contract money owed applied for of the bank or credit union account at some future date (usually fourteen days after making ).

1. What is the many i could borrow?

Underneath the Louisiana Deferred Presentment and Small Loan Act, the most that one can borrow is $350.

1. What is the many I’m able to be charged for a quick payday loan? Continue reading →