A "payday loan" is a loan of short duration, usually two weeks, with exorbitant interest rates.  Payday loans are generally illegal in Georgia, unless made by a Georgia licensed industrial loan lender or an out-of-state FDIC insured bank as long as its agent in Georgia does not receive most of the profits.  Loans made by a Georgia industrial loan licensee are subject to the terms and limitations of the Georgia Industrial Loan Act.  If you have questions about an industrial loan licensee, you should contact the Industrial Loan Division of the Office of the Commissioner of Insurance at: 

By Internet: http://www.oci.ga.gov/IndustrialLoan/Home.aspx
By mail: Office of the Commissioner of Insurance, Industrial Loan Division, 2 M.L. King, Jr., Drive, 7th Floor, West Tower, Atlanta, GA 30334
By phone: 404-656-2078

As of the time of this writing, there are no lenders licensed to make payday loans in Georgia over the internet, but you should check the above website for up-to-date information.

If you believe you are the victim of a payday lender, you should contact your local county district attorney or solicitor, as he or she has the authority to prosecute illegal payday lenders, or you may contact the Consumer Interest Section of the Georgia Attorney General's Office by mail to report a lender.  Please be aware that the Office does not take action against unlawful payday lenders on behalf of any one consumer, but acts for the benefit of the State of Georgia as a whole.  As such, it cannot provide consumers legal advice regarding what actions to take with unlawful lenders.  The contact information is:

By mail:

Regulated Public Interests, Office of the Attorney General, 40 Capitol Square, SW, Atlanta, GA 30334

Although this unit is unable to aid you further with your particular problem, we appreciate you visiting our website and taking the time to complete this form.  The information you provided helps keep our state government informed of the issues people are experiencing in their daily lives, and we hope we have helped to direct you to an appropriate source of assistance.  We invite you to revisit our websites consumer.ga.gov and ConsumerEd.com for many tips and topics that you may find helpful.  We also encourage you to sign up for our consumer newsletter, "Ask Consumer Ed", by clicking here.