Lenders are required to follow both State and Federal laws. If you have questions about the regulations regarding lending practices in your state be sure to consult your own legal counsel.
The Truth in Lending Act is a federal law that requires disclosures about terms and costs. For more information click here.
The Fair Debt Collection Practices Act prohibits debt collectors from using abusive or deceptive practices to collect a debt. For more information click here.
Each lender is required to follow state and local laws. Laws regarding interest rates, fee limits, rollovers, etc differ from state to state.
THIS RESOURCE IS NOT A SUBSTITUTE FOR LEGAL ADVICE. LEARN MORE ABOUT THE LAW BY SPEAKING TO LEGAL COUNSEL.