New Jersey Short Term Loans State Info Board and Registry
2023-06-13
ID: #696635
Listed In : Legal & Financial
Business Description
Payday loans are explicitly prohibited in the state of New Jersey under the New Jersey Consumer Loan Act (NJCLA). This comprehensive legislation sets strict regulations on small-dollar loans, making it illegal for lenders to offer payday loans to consumers. The NJCLA establishes a maximum interest rate cap of 30% APR, additionally, the New Jersey Department of Banking and Insurance enforces these regulations to ensure compliance.
Frequently Asked Questions
Where is New Jersey Short Term Loans State Info Board and Registry located?
New Jersey Short Term Loans State Info Board and Registry is located at NJDOBI, Trenton, NJ - 08625.
How can customers contact New Jersey Short Term Loans State Info Board and Registry?
Customers can contact New Jersey Short Term Loans State Info Board and Registry by phone at 609-292-7272.
Does New Jersey Short Term Loans State Info Board and Registry have an official website?
Yes, the official website of New Jersey Short Term Loans State Info Board and Registry is https://new-jersey.daphnet.org/.
Does New Jersey Short Term Loans State Info Board and Registry provide email support?
Yes, customers can contact New Jersey Short Term Loans State Info Board and Registry via email at [email protected].
