This National Consumer Law Center study analyzes the strengths and gaps for the statutes in 50 states and Washington, D.C. that regulate installment loans, a market this is certainly likely to develop as restrictions on pay day loans enhance.
Key Recommendations Download Maps, Charts, & Tables (PDF) (also B/W version) down load Appendices (PDF) Appendix A (Comprehensive APR tables for 6-month $500 loan) Appendix B (Comprehensive APR tables for 2-year $2000 loan) Appendix C (Summaries of state closed-end installment loan statutes) Appendix D (Summaries of state open-end credit statutes) Appendix E (Unconscionability conditions of state closed-end installment loan regulations) pr release