A Quick Legal Reference Governing the Montana Payday Loan Industry
Los Angeles, CA -- (ReleaseWire) -- 10/24/2011--CashAdvance.com premieres its Montana Laws and Regulations Resource. In response to a flurry of media attention around the payday loan industry, CashAdvance.com tasked its financial experts with developing a Montana-specific guide to the laws, regulations and policies governing the cash advance industry in Montana. Industry leaders since 1997, CashAdvance.com eliminates the confusion and worry surrounding payday loans with this first-of-its-kind resource.
“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.”
Montana cash advance consumers access this handy resource by clicking on the Laws and Regulations link on the Montana Consumer Resource page. There consumers can find Montana-specific information such as, the maximum amount of payday loan, the lending time period, and applicable interest rates and fees. In addition, they will find out about cooling-off periods, the number of allowable rollovers, and the maximum number of concurrent loans a borrower may hold.
The Montana Laws and Regulations page, in keeping with CashAdvance.com’s commitment to excellence, is updated continually as laws, policies, and regulations shift to meet the needs of borrowers. Montana consumers who familiarize themselves with the laws and regulations governing payday loans, the actual loan process, and the consumer protections afforded to them are in the best position to make sound and informed decisions about their financial health. Even consumers who have had payday loans in the past will reap benefits by visiting the Montana Laws and Regulations page. Many are surprised at what they didn’t know or weren’t aware of.
According to leading CashAdvance.com financial news expert Adam Hilliard, “Our Montana Laws and Regulations page will dispel any misconceptions or uncertainty surrounding the cash advance process in Montana, 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.”