YadYap happily adheres to all government regulations

Although our business model differs from that of traditional payday lenders, we fall under the same state regulations. YadYap complies with all state deferred presentment or cash advance rules and regulations. The state in which you reside when applying for a YadYap loan will determine what rules and limits will govern your cash advance. Unfortunately some states do not allow short term loans like we offer. We are working to offer YadYap loans to as many states as possible. Please click your state above to see if you can apply for a loan.

Aspects that are regulated by individual states include:

• Limits on the amount of money that can be borrowed
• Limits on the rates and fees that can be charged
• How many times a loan can be rolled over or extended

Keep in mind that many traditional payday lenders will charge the state maximum rates allowed to borrowers regardless of a particular borrower’s situation. In the YadYap Marketplace, your peers will evaluate your loan request and your rate is decided through the bidding process. So you might get a much lower rate than your state maximum.