Category: Ohio payday loans


The Montana Cash Advance Law and Legislation

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Montana features a limitation on pay day loans offered in the state: $50-$300. The minimum loan term is week or two; the utmost loan term is 31 times. The APR is capped at 36%, loan providers cannot set greater prices with their loans. Rollovers aren’t permitted. Unlawful actions against borrowers are forbidden.

From 1999 to 2010 Montana ended up being a destination to be a lender that is payday. The industry flourished and interest levels reached 400%.