Short-term loans, commonly referred to as payday loans, can be a convenient option when you’re strapped for cash before your next payday. If you already have a short-term loan and you need another one, there are a few things you need to know before you apply. Can I Get Multiple Payday Loans Tax-free distribution of earnings from a qualified tuition program (QTP). SAVE YOUR INTERNETThis is an archived post. Your bad credit need not prevent you from getting the loan you need. Florida Restrictions on Payday Loan Lenders. Florida law limits the interest and terms of payday loans, and requires payday loan lenders to comply with other rules that protect consumers. By Patricia Dzikowski, Attorney. While payday lending is legal in Florida, it is subject to strict limitations. If you have a problem with a Florida payday. Only in a handful of states is it required that a payday loan store or cash advance store make sure that you don’t have multiple loans outstanding. The new policy in those states is “one loan, one customer” but today, in the majority of states you could go from store to store and roll up a bunch of loans. BadCreditLoans.com will then redirect you to the lender’s website where you can complete a full application. How do repayments work with BadCreditLoans.com? Because BadCreditLoans.com isn’t a direct lender, you won’t make any loan payments to it. Finding herself short $200 on her rent after being laid off from her job at Presbyterian headquarters, Mary Love took out a payday loan. The following payday, her bank account was charged $200. Multiple payday Loans – A Fast Route To Disaster October 22, 2012 by National Debt Relief In the past three years, the number of people who’ve gotten into trouble with payday loans has soared.