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NSF Fees Allowed-Quick Question

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Does anyone know what the permissible NSF fee for the State of Mississippi is? I can't find it anywhere. I checked paydayloaninfo..org and all it says is that payday lenders are allowed to charge an NSF fee. They don't say how much. Is there a better resource for this type of information that anyone is aware of?

Any help is much appreciated.




I am thinking that you should be checking your state's banking an finance department to ask them...hopefully someone that has more experience than I will be around but that is what I would do is check with them.

Sub: #1 posted on Wed, 08/20/2008 - 06:46

ladybug ladybug

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Thanks for your response! So I visited the website and read up on the legislation; it doesn't say what specific amounts can be charged so I have to assume that $35 is allowed, right? It just seems kind of high to me...

Sub: #2 posted on Wed, 08/20/2008 - 07:47

Rach Rach

(Posts: 206 | Credits: 36.47)

Are you talking about an NSF fee for the bank to charge, or the NSF fee for a payday lender to charge?

Sub: #3 posted on Wed, 08/20/2008 - 19:23

goudah2424 goudah2424

(Posts: 7936 | Credits: 1224.91)

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