DC District of Columbia Payday Loans Laws, Rate of Intrest, DC District of Columbia Payday Loans Lenders List, List of Companies, Address,Phone Number

DC District of Columbia Payday Loan Laws

District of Columbia Payday loan laws. District of Columbia Payday loan legislation. DC District of Columbia Payday Loan 10% of the face amount of the payday loan plus a scale of fees based upon the face amount of the check.

In May 2008, the Washington D.C. City Council passed a bill which put a 24% interest rate cap on small consumer loans. By the end of the year 21 payday loan stores had ceased to exist.

DC District of Columbia Payday Loan Laws & Legislation DC District of Columbia Payday Loan Legal Status: Prohibited DC District of Columbia Payday Loan Citation: DC District of Columbia Payday Loan Amended D.C. Code Ann. § 28-3301(a) DC District of Columbia Payday Loan Small Loan Rate Cap 24% per year DC District of Columbia Payday Loan Where to Complain, Get Information: DC District of Columbia Payday Loan Regulator: D. C. Department of Insurance, Securities and Banking DC District of Columbia Payday Loan Address: 810 First Street, NE Suite 701 Washington DC 20002 DC District of Columbia Payday Loan Phone Number: (202) 727-8000 DC District of Columbia Payday Loan Fax: 202-535-1194 DC District of Columbia Payday Loan Regulatory Contact: