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Pay day loans. Payday financing just isn’t forbidden in Massachusetts.

Pay day loan overview

Yet what exactly is called a loan that is”payday is unlawful because of the high yearly percentage rate charged.

Any business or individual participating in small-dollar financing in Massachusetts must get a license through the DOB.

Payday advances are short-term, small-sum, high-rate, unsecured unsecured loans. (more…)

Pay day loans. Payday financing just isn’t forbidden in Massachusetts.

Pay day loan overview

Yet what exactly is called a loan that is”payday is unlawful because of the high yearly percentage rate charged.

Any business or individual participating in small-dollar financing in Massachusetts must get a license through the DOB.

Payday advances are short-term, small-sum, high-rate, unsecured unsecured loans. (more…)