State Regulations
Extended Payment Plans (EPPs): State-Mandated Fee-Free Loan Extensions
Editorial Review: Senior Consumer Credit & Lending Analyst•Published: September 2, 2026•Compliance: TILA Reg Z & EFTA
In states with progressive consumer credit laws and under Community Financial Services Association of America (CFSA) standards, borrowers facing repayment challenges can request an Extended Payment Plan (EPP) at zero additional charge.
1. Mechanics of an Extended Payment Plan
| Feature | Standard Loan Rollover | Statutory Extended Payment Plan (EPP) |
|---|---|---|
| Additional Finance Fees | New finance fee assessed (e.g., $15–$30/$100) | $0.00 (Completely Free) |
| Repayment Horizon | Single balloon payment in 14 days | 4 equal installments over 60–90 days |
| Collection Activity | Collections & penalty fees if missed | All collection efforts paused while in compliance |
2. Eligibility & Application Timelines
Borrowers must typically submit an EPP request to their lender before the end of the business day preceding the scheduled due date.
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Authored & Fact-Checked by Dollar Advance Financial Research Desk
Our financial research team monitors state usury statutes, CFPB small-dollar regulations, Truth in Lending Act disclosure rules, and alternative credit bureau models to provide objective borrower education.