
			<p>A licensee must set the due date of a small loan on or after the date of the borrower&#39;s next pay date. If a borrower&#39;s next pay date is within seven days of taking out the loan, a licensee must set the due date of a small loan on or after the borrower&#39;s second pay date after the date the small loan is made. The termination date of a small loan may not exceed the origination date of that same small loan by more than 45 days, including weekends and holidays, unless the term of the loan is extended by agreement of both the borrower and the licensee and no additional fee or interest is charged.</p>
			