Educates Consumers about the Oklahoma Payday Loan Industry
Los Angeles, CA -- (ReleaseWire) -- 11/04/2011 --In response to Oklahoma consumers’ cry for quick, accurate, and up-to-date information, CashAdvance.com launched its Oklahoma Laws and Regulations Resource. Payday loans have been available in Oklahoma since 2003. The laws governing those loans, however, change frequently. CashAdvance.com tasked its legal and financial experts with compiling this information and providing a mechanism that would assure that updates were immediate and comprehensive.
“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.”
By visiting the Oklahoma Consumer Resource page at CashAdvance.com and clicking on the Laws and Regulations link, Oklahoma consumers will have all the relevant information at their fingertips. Some of the information they will find there is the maximum amount of a single payday loan, the repayment period, and the applicable interest rate and fees. In addition, consumers will learn about cooling-off periods, rollovers, and the number of concurrent loans allowed per borrower.
In these tremulous financial times, Oklahoma consumers need access to quick and accurate information. The Oklahoma Laws and Regulations resource puts vital decision making information at their fingertips. In addition, it apprises them of available consumer protections and provides alternatives to cash advance loans. Oklahoma cash advance consumers should visit the page frequently to be sure they have the most up-to-date information before making a payday loan decision.
According to leading CashAdvance.com financial news expert Adam Hilliard, “Our Oklahoma Laws and Regulations page will dispel any misconceptions or uncertainty surrounding the cash advance process in Oklahoma, 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.”