Category Archives: installment title loans

What’s the maximum amount i will charge a debtor if their cash advance goes into standard?

What’s the maximum amount i will charge a debtor if their cash advance goes into standard? The penalty that may be charged, required or accepted in relation to any default by a borrower under a payday loan is a penalty of 2.5% of the amount in default, calculated monthly and not to be compounded for […]

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