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Facebook Twitter Flipboard Email. Payday lenders made about 49 billion in high-interest loans last year. More than a third of those loans were made online. I wondered what happens when you apply cash advance hialeah such a loan, so I decided to find out. In the course of reporting a story earlier this year, I logged on to a site called eTaxLoan.
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It had to be eliminated or at least controlled. So the General Assembly enacted a bill, the Short-Term Lender Act (STLA), R. 1321. 35 to 1321. 48, to regulate short-term, or payday, loans. And then a funny thing happened: nothing. It was as if the STLA did not exist.