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Follow on Google News | CashAdvance.com Introduces New Utah Consumer Protection WebsiteHelpful Internet Resource Informs Utah Citizens about the Payday Loan Industry
By: Erin Scobie CashAdvance.com has created the Utah Consumer Protection page, within the State Consumer Resource Center, in order to help consumers stay informed, up-to-date, and properly equipped to identify and combat scam artists. “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/ Unlike some states, which have banned the practice of payday lending, Utah allows the practice in the state. Other states still have imposed stringent regulations and requirements on payday lenders. Not so with Utah. The maximum length of a loan term in Utah is twelve weeks. Other than that, there are few regulations: However, the state still requires payday lenders to acquire certification and prove they are clear of a criminal background before making cash advances in Utah. CashAdvace.com’ According to leading CashAdvance.com financial news expert Adam Hilliard, "Our Utah Consumer Protection page will dispel any misconceptions or uncertainty surrounding the cash advance process in Utah, 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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