Virginia Payday Lender Locations


Below you can find a list of all cities served in Virginia!



Virginia Payday Advance Loan Regulations:


Payday Loan Maximum - $500
Loan Term Length - Min: 2 pay periods
Maximum Finance Rates - 36% annual interest + $5 verification fee + 20% of loan
Charge for a 14-day $100 loan - $26.38
APR for a 14-day $100 loan - 687.76%
Max Loan Length -

The loan agreement shall set forth: an agreement by the licensee not to present the check for payment or deposit until the date the loan is due, which date shall produce a loan term of at least two times the borrower's pay cycle and after which date interest shall not accrue on the amount advanced at a greater rate than six percent per year.


Resources:
Virginia Bureau of Financial Institutions
Address: Tyler Building, 8th floor, 1300 East Main Street, Suite 800 Post Office Box 640 Richmond VA 23218
(804) 371-9657
More Info


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