Author: http:www. loansfor1000. comguaranteed-payday-loans-in-1-hour. html. Post navigation. Payday loans may be illegal in the following states: Arizona (AZ), Arkansas (AR), Connecticut (CT), Georgia (GA), Maine (ME), Maryland (MD), Massachusetts (MA), New Jersey (NJ) New York (NY), North Carolina (NC), Pennsylvania (PA), Vermont (VT), West Virginia (WV), the District of Columbia (DC).
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Note that the longer the loan tenure, the higher the interest rate. However, some banks offer a fixed interest rate. In the event the borrower fails to settle the monthly repayment on the given due date, they will be charged a late payment fee.
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