Connecticut Consumers Now Benefit from Easy Access to Relevant Information Regarding Payday Lending in Their State
Los Angeles, CA -- (ReleaseWire) -- 09/26/2011 --CashAdvance.com introduces its new Connecticut Consumer Resource Center to help consumers find current information about payday loans. With laws and regulations varying across state lines, consumers have expressed frustration at the lack of access to restrictions relevant to them. CashAdvance.com’s financial experts have gathered information about the cash advance process that is applicable to Connecticut residents so consumers have access to this information in one location. This up-to-date consumer guide has been made to help consumers make sound financial decisions.
“CashAdvance.com strives continually to ensure consumer protection by providing the knowledge and resources 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 and providing recourse to regulatory agencies capable of remedying fraudulent lending practices.”
The Connecticut Consumer Resource includes a Connecticut Laws & Regulations page that allows consumers to educate themselves on fundamental points and the most recent details governing the payday loan process. They can learn about maximum loan amounts, the term limits, and the maximum cash advance interest rates and financial fees. Additional information they can find includes the number of simultaneous outstanding loans, the cool-off period between loans and payment plans. The information they find on this site only pertains to Connecticut cash advance laws so consumers do not get their facts mixed up with other state cash advance laws.
The Laws & Regulations page includes a summary of requirements a loan must meet in order to be legal in Connecticut. Other information found on the Laws & Regulations page can be used by consumers to make informed decisions when getting a Connecticut cash advance. Consumers should frequently visit the Connecticut Consumer Resource Center to find updated state laws and regulations related to the cash advance process and requirements so they are not basing their decision on outdated information.
According to leading CashAdvance.com financial news expert Adam Hilliard, "Our Connecticut Consumer Resource will dispel any misconceptions or uncertainty surrounding the cash advance process in Connecticut, 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."