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Follow on Google News | Helpful Web Page Helps Users Understand the Pennsylvania Payday Loan IndustryCashAdvance.com Launches Consumer Protection Website to Inform Pennsylvania Citizens About the Pay-Day Lending Process
By: Curtis White CashAdvance.com has created the Pennsylvania Consumer Protection page at http://www.cashadvance.com/ “CashAdvance.com strives continually to ensure consumer protection by providing the knowledge and resources necessary for consumers to make informed financial decisions,” says CashAdvance.com spokesperson Hanna Wellman. “The Consumer Resource pages at http://www.cashadvance.com/ Pennsylvania is one of 19 states in the country to enact severe restrictions on payday lending. Because of these regulations, it is difficult to operate a Pennsylvania cash advance business profitably, rendering the practice virtually nonexistent in the state. However, there are still options for consumers desperately in need of next-day cash. The state of Pennsylvania does allow banks and other lending services to offer “short-term loans,” which have interest rates capped at 26%. CashAdvace.com’ According to leading CashAdvance.com financial news expert Adam Hilliard, "Our Pennsylvania Consumer Protection page will dispel any misconceptions or uncertainty surrounding the cash advance process in Pennsylvania, 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." # # # CashAdvance.com was established in 1997 to offer people a quick, convenient, and secure method to get a cash advance online. End
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