Cash Advance Pennsylvania. Section 505.Restrictions on businesses of licensee The state of Pennsylvania forbids pay day loans, relating to theCheck Cashing Licensing operate of 1998, 505(a). Hawaii possess upheld regulations since 1998, despite many tries to change they. (a)Advancement of moneys.No licensee shall whenever you want money or advance any money on a postdated check. No check-casher licensee shall do the organization of sending funds or getting cash for transmission, unless accredited according to the work of Sep 2, 1965 (P.L.490, No.249), referred to as money indication businesses Licensing laws. Pennsylvanias financing Interest and cover legislation do not allow lenders without any CDCA permit to demand more than a 6% APR on financing less than $50,000.