Payday Loan Laws Legislation On Payday Lending And The Cash Advance Industry

Vermont Payday Loan Laws

Min/Max Term of Payday Loan: Not specified
Max Fees and Finance Charges: Not specified
Maximum Loan Amount: Not specified
Number of Rollovers: Not specified
Outstanding loans allowed at one time: Not specified
Cool-off period: Not specified
Military Protection: Not specified
Payment Plan: Not specified
Limits on collection and presentment: Not specified
Collection fees: One $20 NSF fee + $20 collection costs; Court costs.
Presentment Limit: Not specified
Penalties: Not specified
Private right of action: Not specified

Vermont Payday Loan Laws:

Vermont does not have specific payday lending legislation and permits payday lenders to operate and charge any interest rate or fees which the borrower agrees to pay.

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