Payday loan laws in Pennsylvania

  • Statutory citation: Check cashers are specifically prohibited (63 Penn Stat. Ann. § 2325.)
  • Legal status: Prohibited

Lending specifications:

  • Small loan charges: $9.50 per year on each $100 + service charge of $1.50 on every $100

Complaint cell:

  • Regulator: Pennsylvania Department of Banking and Securities
  • Address: 17 North 2nd Street, Suite 1300, Harrisburg, PA 17101-2290
  • Phone: 609-292-7272
  • Fax: 717-787-8773
  • Toll free: 1.800.PA.BANKS (toll-free in PA)
  • Website: http://www.banking.state.pa.us/portal/server.pt/community/banking_home/14319
  • File complaint: http://www.dobs.pa.gov/Consumers/Pages/File-a-Complaint.aspx

 

Note: OVLG is not processing payday loans in Pennsylvania right now.

 

Last Updated on: 07 Sep 2017

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