Legal Status
Prohibited- no deferred presentment permitted.
Citation
8 V.S.A.§ 2519(a)(13)
Loan Terms
Maximum Finance Rate and Fees: 18% rate cap; payday lending is effectively prohibited.
Prohibited- no deferred presentment permitted.
8 V.S.A.§ 2519(a)(13)
Maximum Finance Rate and Fees: 18% rate cap; payday lending is effectively prohibited.