Short answer: Yes! Payday loans are legal in Texas, and we’re happy to connect you with a network of Texas payday lenders. To ensure you’re dealing with a legitimate Texas payday lender, we recommend you visit this search portal provided by the Texas Office of Consumer Credit Commissioner to search for the name of the company you’re dealing with. Texas lending...
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Can You Go to Jail for Unpaid Payday Loans in California?
NO! California has strict consumer protection laws that will never allow this to happen. In California, you can’t go to jail for any unpaid private debt (payday loans, payday advances, installment loans). If there is a payday lender that is threatening to call the police on you for not paying a payday loan, we recommend that you reach out to...
How Many Payday Loans Can You Have at the Same Time in Florida?
This is a big question that usually comes up when borrowers are denied a second payday loan while they already have an existing loan with a Florida payday lender. The answer is simple; Florida Financial Regulations don’t permit a borrower to take out more than one payday loan at a time. You can read about this directly from the website...
Can You Go to Jail for Not Paying a Payday Loan in Texas?
This is a question that comes up frequently in most states, but has been especially focused on in Texas. A recent CNN article discusses this issue in depth. Unfortunately, many payday lenders are abusing the Texas “bad check” law that was designed to prevent a person from writing a dishonest check for a product or service that they know they...
USA Express Loans Peer to Peer Lending Platform
USA Express Loans CA LLC’s directors ratified a resolution on December 3rd, 2018 to undertake a bold new peer-to-peer lending initiative. Peer-to-Peer Lending History Peer-to-peer lending came to prominence in 2006 when Prosper kicked off its lending platform. Suddenly, there was a digital platform that could connect regular investors with regular borrowers. It was a positive disruption to an industry that was...