Georgia put an end to lending that is payday in their state whenever it place a 10% APR limit on tiny loans. Currently, there are not any payday loan providers in Georgia. More over, predatory lending that is high-cost considered a felony right right here, and so, may be criminally prosecuted.
Georgia Payday Lending Statutes
In reality, there clearly was a ban on payday loan providers restricting their procedure into the continuing state based on the Industrial loan work (Ga.