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Home State Regulations

Payday Loan Laws in Delaware

Loan Term:60 days
Loan Amount:$500
Fees and Finance Charges:No limit
Laws:Delaware has limited loan laws, which means that lenders really are not regulated. These institutions are permitted to charge any fines, fees, or interest rates they would like to. A new law, H.B. 152, permits lenders to also charge fines for bounced checks, but does not allow these fines to be collected by agencies.