A „payday loan“ is a loan of brief timeframe, often fourteen days, with excessive interest levels. Pay day loans are unlawful in Georgia, unless produced by a Georgia certified loan that is industrial or an out-of-state FDIC insured bank provided that its representative in Georgia will not receive almost all of the earnings. Loans produced by a Georgia industrial loan licensee are susceptible to the terms and limits associated with Georgia Industrial Loan Act. You should contact the Industrial Loan Division of the Office of the Commissioner of Insurance at if you have questions about an industrial loan licensee:
|By mail:||workplace associated with Commissioner of Insurance, Industrial Loan Division, 2 M.L. King, Jr., Drive, 7th Floor, western Tower, Atlanta, GA 30334|
At enough time of the full time with this writing, there are not any loan providers http://www.yourinstallmentloans.com/ certified to create payday advances in Georgia on the internet, however you should look at the above internet site for up-to-date information.