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Installment Cash Advance Loans

A lender may charge a borrower a fee not to exceed $1 for the verification required under §2-15 of this Act in connection with a payday loan and, until July 1, 2020, in connection with an installment payday loan. Beginning July 1, 2020, a lender may charge a borrower a fee not to exceed $3 for the verification required under §2-15 of this Act in …