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Payday Loan PitfallsFlorida Restrictions on Payday Loan Lenders. If you have a problem with a Florida payday lender, you can turn to the state for help.The maximum amount any one payday lender can loan you at. it does not have to sue you to get payment.
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Payday Loans in Bankruptcy. In most cases, you can discharge a payday loan in Chapter 7 bankruptcy.
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But borrowers are only required to pay back the principal amount.Now that you know all about payday lenders, you can decide if this kind of loan meets your needs.