Legal Status
Prohibited
Citation
Amended D.C. Code Ann. 28-3301(a) and 26-319
Loan Terms
Maximum Finance Rate and Fees: 24% APR Cap; payday lending is effectively prohibited.
Prohibited
Amended D.C. Code Ann. 28-3301(a) and 26-319
Maximum Finance Rate and Fees: 24% APR Cap; payday lending is effectively prohibited.