Vermont Short Term Loans State Info Board and Registry
2023-06-15
ID: #697332
Listed In : Finance And Banking
Business Description
In the state of Vermont, payday loans, often referred to as short-term, high-interest loans, are illegal under the Small Loan Act.
This regulation, enacted by the Vermont Legislature, prohibits lenders from offering payday loans with exorbitant interest rates and predatory terms. As a result, Vermont residents are spared from the burden of exorbitant fees and interest rates that can trap borrowers in debt. According to the Vermont Department of Financial Regulation, there were zero licensed payday lenders in the state as of the latest data available.
Frequently Asked Questions
Where is Vermont Short Term Loans State Info Board and Registry located?
Vermont Short Term Loans State Info Board and Registry is located at 89, Main Street, Montpelier, VT - 05620.
How can customers contact Vermont Short Term Loans State Info Board and Registry?
Customers can contact Vermont Short Term Loans State Info Board and Registry by phone at 802-828-2470.
Does Vermont Short Term Loans State Info Board and Registry have an official website?
Yes, the official website of Vermont Short Term Loans State Info Board and Registry is https://vermont.daphnet.org/.
Does Vermont Short Term Loans State Info Board and Registry provide email support?
Yes, customers can contact Vermont Short Term Loans State Info Board and Registry via email at [email protected].
