CA PDL LAW
Date: Fri, 07/20/2007 - 21:01
CA PDL LAW
I don't know where her post is, but here is a link for CA pdl la
I don't know where her post is, but here is a link for CA pdl law at http://www.paydayloaninfo.org/state_detail.cfm?id=CA hope this helps..Karen
I can also sum up in a nutshell the following: No criminal pro
I can also sum up in a nutshell the following:
No criminal prosecution for defaulting on a PDL
Legal interest rate is 15 percent.
Max PDL loan amount is $300
Voluntary repayment plan
No rollovers
This is California PDL law as I know it and have dealt with it personally--hope it helps!
ks
ks, thanks for the response! I put what you said on as a reply to the original thread that janine is on. Of course, I told her that you would be a good source for advice regarding CA. I also put that you are the one that posted and "quoted" you. I hope that's okay. Just in case she needs more CA info., maybe she can pm you or something to get info.
Cannr - I don't know if you know this already, but if you go to
Cannr - I don't know if you know this already, but if you go to paydayloaninfo.org, you can find basic summaries of each states laws. They aren't always updated or 100% correct, but it's a good starting place.