(last updated 08/14/2020)
Georgia Personal Loan Laws and Regulations in (GA)
Finance Companies / Small Loan Companies
The Department has no regulatory/licensing authority over finance companies. Finance companies and small loan companies that make loans for $3,000 or less (under the Industrial Loan Act) are regulated by the Georgia Industrial Loan Commissioner.
Georgia Insurance Commissioner Ga. Industrial Loan Division 2 Martin Luther King Jr., Drive West Tower, Suite 920 Atlanta, GA 30334
Phone: (404) 656-2078 Toll Free: 800-656-2298 Fax: (770)408-5935 E-mail Questions to: Loan@oci.ga.gov Between 8:00 AM and 5:00 PM Georgia Industrial Loan Division Home Page
For finance companies (making consumer loans over $3,000), the Federal Trade Commission enforces Regulation Z (Truth in Lending). Please send complaints or questions to:
Federal Trade Commission CRC-240 Washington, DC 20580 1-877-FTC-HELP (1-877-382-4357) FTC Complaint Assistance Federal Trade Commission Home Page
This information is for informational purposes only. Although care has been taken to accurately describe the laws and regulations in Georgia, no guarantees are implied or expressed about its accuracy. This is not legal advice. If you need legal advice, please consult an attorney or the Georgia Governors Office of Consumer Protection.
The following classes of lending organizations may be exempt under the regulations and laws set by the state of Georgia. Federally chartered banks, credit unions and some entities organized under the laws of a sovereign nation (for example) a Native American Tribe or the country of Antigua.