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JPEsq, Attorney
Category: Business Law
Satisfied Customers: 5106
Experience:  Experience as both in-house and outside counsel in general business and transactional law
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I have started a business called Brighter Future Credit Solutions,

Resolved Question:

I have started a business called Brighter Future Credit Solutions, LLC.
My Company is set up to help comsumers improve their credit rating and credit scores.
We offer free credit report/scores and a free credit analysis from all three credit Bureaus.

I would like to included a Emergency Cash from $100.00-$1,000.00 to pay for small medical bills, catch up on pass due bills and credit card..

I am in Savannah Georgia. how can I include the loan in my current business.
What extra licenses I need? Who do I cantact about the Emergency Cash regulations.
How can I set up the loan program with the business I have. Can it be doing business as usually with the loan attached to the BFCS.

Thanks for any advise. Please sent me a phone#
Joyce Rawls
Submitted: 8 years ago.
Category: Business Law
Expert:  JPEsq replied 8 years ago.

There are many lenders (payday loans, pawnshops) that simply never apply for alicense and operate illiegally. But to be legal in GA, you would need to apply for an industrial loan license.


You can do that here:


This is for loans under $3000.




JPEsq and 4 other Business Law Specialists are ready to help you
Customer: replied 8 years ago.

I read the application for license. it stated you need $75,000.00 in net worth to started a loan company. How can I get around the $75,000.00 net. I just need to services my customers.


Also, how much do your company charge to process the license for Georgia.


And what other procedures I have for the $75,000.00 net.