Connecticut Payday Loans

There are no comprehensive laws relating to Connecticut payday loans. They do not have a legal status. You generally get loans from the financial institutions which are most often Connecticut payday loans companies. The Internet seems the best source where you can apply for payday loans. It makes the whole process easy. The state of Connecticut does not provide for the loan amount, the fees, or the cap on the interest. There is no minimum or maximum limit on the amount of loan that you can borrow. This can be mutually agreed on between you and your lending company.

Also, the state of Connecticut has Connecticut payday loans laws or the Usury Act which authorizes the lenders to charge any interest on the loan you take. The Connecticut’s small loan laws specifies, if you take a loan of $100 to $600 the interest rate will be 30.3% APR i.e. $17. Similarly a loan from $100 to $1800 will have a finance charge of $11 and add on interest. The Usury Act prohibits the lender from providing loans at triple digit interest rate.

Connecticut Payday Loans: Laws & Regulations

The position of Connecticut payday loans rollovers is not clear. Rollover means the renewal of the loan process. In a rollover you have to pay the fees again without paying the principal amount. In the absence of any Connecticut payday loans laws to the effect the parties are free to have a choice in the matter of entire loan.

connecticut payday loans

The sole law would then be the agreement which you enter with your lender. You may than get the terms of loan reduced to a writing. A written agreement will help you not getting misguided in the matters of Connecticut payday loans.

Connecticut State Check Cashing

This Connecticut payday loans provider offers a wide arrangement of financial products and services. They work as cash advance center as well as provide money order services. You can get ready cash to your bank account. You just have to fill an online application form and provide the lender with some basic information about you. Give them a call at 203-772-1080 or visit their website at

New Haven Payday Loans Cash Advance

This Connecticut payday loans company offers payday loans, or cash advance directly to your account. They claim to provide services 7days a week and 24 hours a day. You just have to fill an easy online application from and provide basic information about you. As per them it just requires two minutes time from you. The cash will be credited directly to your account. Their services are fax less and they do not require their customers to have a good credit. Customers with no credit can also apply. If you are running into a short term financial emergency, give them an opportunity to help you. Give them a call at 888-508-8391 or visit their website at

United Check Cashing

This Connecticut payday loans lender offers variety of financial services for its customers such as check cashing, money orders, wire transfers, bill payments etc. They help their customers by providing tax planning facilities. The provide payday loans also. It has been more than a decade they have been serving people. You can apply both online and offline. Their loan application is simple. You just have to fill their easy online loan application and get ready cash credited to your account by just providing them basic information about you. Give them a call at 203-931-0814 or visit their website at

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If you’ve had a good or a bad experience with a specific Connecticut payday loans company, please share it with the rest of us so we can all benefit from the information. Also, if you have any questions about Connecticut payday loans, you can ask them here, and either one of our staff or another visitor will answer it the same day. You can also feel free to sound off on the cash advance industry itself, and say whether you feel payday loans are inherently good or evil. This will help provide a well-balanced discussion on Connecticut payday loans.

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