We have reviewed 0 Dist of Col payday loan lenders.
Our review of payday loans considers three areas: reputation, cost, and features. Reputation considers state licensing and Better Business Bureau scores. Cost is based on terms, fees, and rates. Features include things like credit reporting or fee transparency.
A listing in this table is not an endorsement. This table includes all lenders we have reviewed who offer loans to Dist of Col residents.
* When avaiable we have shown pricing for Dist of Col residents. Check each lender's website for updated information. Some lenders will not provide pricing data until an application is completed.
Payday lenders are prohibited by Dist of Col regulators from offering payday loans to Dist of Col residents. This means there are no Dist of Col licensed or regulated payday lenders in Dist of Col. Although The Payday Hound discourages it, Dist of Col residents may be able to choose from tribal, out-of-state, or foreign-based lenders for payday loans. See Dist of Col Payday Loan Laws for links to Dist of Col banking and finance regulators. These links will provide more information on the legal aspects of payday lending in Dist of Col. In states where payday lending is permitted, lenders are licensed and regulated by the state.
Unlicensed payday lenders include tribe-based lenders, lenders licensed in other states, and foreign-based lenders. Tribal and out-of-state licensed payday lenders operate under the interpretation that they can export their tribe or state laws into Dist of Col and are required to adhere to federal lending laws but not Dist of Col regulations. Federal laws may be less restrictive and less frequently enforced. The final group of lenders is foreign-based payday loan lenders. They export their countries' laws into Dist of Col and are highly unregulated. See How to Choose A Payday Loan for more details.
The above is our understanding of how payday lending works in Dist of Col, but we are not a law firm. Please contact the D. C. Department of Insurance, Securities, and Banking for more information.
The Payday Hound reviews payday lenders and ranks them according to our Sniff Test (reputation), costs, and licensing. The list below includes both regulated banks as well as off-shore entites. Being included on our list is not an endorsement or certification. The list is a ranking and is designed to help borrowers rate and judge the quality of lenders. This means it may include lenders we believe to be honest as well as those we would deem to be predatory.