A One-Stop Guide to Missouri Laws Governing the Payday Loan Industry
Los Angeles, CA -- (ReleaseWire) -- 10/21/2011 --CashAdvance.com surges to the head of the industry with the launch of its Missouri Laws and Regulations Resource. Never before have Missouri residents had such a simplified and comprehensive resource to rely on for legislative updates. Recent media focus on the payday loan industry has left many Missouri residents confused about the requirements, protections, and limitations of cash advance loans. CashAdvance.com, an industry leader since 1997, set its financial experts to the task of producing a resource that would put all the relevant information at the finger tips of the citizens of Missouri.
“CashAdvance.com strives continually to ensure consumer protection by providing the knowledge necessary for consumers to make informed financial decisions,” says CashAdvance.com spokesperson Hanna Wellman. “The Consumer Resource pages are a wealth of information arming consumers with the resources with which they can actively preserve their rights, while providing recourse to regulatory agencies capable of remedying fraudulent lending practices.”
Access to the Laws and Regulations Resource is as simple as clicking the link on the Missouri Consumer Resource page at CashAdvance.com. Once there, Missouri consumers will see at a glance, the maximum amount the state allows for a payday loan, the maximum repayment time for the loan, and applicable interest rates and fees. Additional state-specific information includes the number of rollovers, the cooling off period, and the number of allowable concurrent payday loans per borrower.
Long known as the “Show-Me” state, Missouri and its citizens demand fast, accurate, and comprehensive information before they make a decision surrounding a Missouri cash advance. The Missouri Laws and Regulation page puts that information at their fingertips. Further, because CashAdvance.com updates the information as laws and regulations change, Missouri consumers are assured of its accuracy.
According to leading CashAdvance.com financial news expert Adam Hilliard, “Our Missouri Laws and Regulations page will dispel any misconceptions or uncertainty surrounding the cash advance process in Missouri, equip you with practical advice for averting financial crisis, answer your myriad loan questions, and ultimately guide you on the road to taking control of your financial future.”