Payday Loans New Hampshire Laws and Legislation

By | Feb 10, 2009

Payday loan company Advance America announced it plans to close the 24 payday loan centers it operated in the State of New Hampshire. The decision to close the payday loan centers in New Hampshire comes after approval of payday loan legislation that went into effect on January 1, 2009 that effectively prohibits the offering of the cash advance product in that state, and follows the Company’s previously announced decision to discontinue offering its line of credit product in New Hampshire as a result of an agreement with the state’s Bank Commissioner.

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