Consumer Financial Protection Bureau Ruled Unconstitutional

Many of our clients are concerned about the so-called Federal Payday Loan Rules that were written in 2017 with an effective date in 2019. The Payday Loan Rules were authored by a governmental agency known as the Consumer Financial Protection Continue reading Consumer Financial Protection Bureau Ruled Unconstitutional

Details on Florida’s new Payday Lending and Installment Law

On March 19, 2018 Governor Rick Scott signed the Deferred Presentment Transactions Law (SB 920). This new legislation will allow loans of up to $1,000 paid back in installments of 60-90 days. Prior law allowed only amounts up to $500 Continue reading Details on Florida’s new Payday Lending and Installment Law