20. No payday loan provider shall impose or gather interest on a quick payday loan that is in standard.
No loans that are back-to-back
21. No payday loan provider shall produce a pay day loan to an individual in the event that individual,
(a) has formerly been awarded that loan by any payday lender and the mortgage is https://www.cashnetusaapplynow.com/payday-loans-pa/york/ outstanding; or
(b) has paid back, in complete, that loan to virtually any payday lender,
(i) within the preceding a week, or
(ii) because the debtor’s last regularly recurring date for getting earnings.
Totally free for expansion
22. No payday loan provider shall impose any cost or penalty for expanding the definition of of a loan that is payday.
23. a debtor is eligible to spend, in component or perhaps in complete, the outstanding stability of a loan that is payday any moment and no payday loan provider shall impose a prepayment cost or penalty whenever a debtor makes a prepayment.