How Many Payday Loans Can You Have? State Laws & Safe Borrowing
How Many Payday Loans Can You Have? The simple answer is: it depends. There's no single national limit on the number of payday loans you can obtain. The number you can have simultaneously is strictly regulated by individual state laws, meaning what's permissible in one state could be illegal in another. Understanding your state's specific regulations is paramount before considering any payday loan. Navigating the Payday Loan Maze: State-by-State Differences Federal regulations don't dictate the number of payday loans a person can take out....