Yes, most companies that offer direct lender installment loans are regulated by the state where they provide payday loans. That’s why you some companies only operate in specific states. All states have different regulations that cover personal finance companies and these regulations can be extremely harsh. For example, be sure your company has a California Financing Law License if you live in California. You should always check with your company to make sure they’re licensed as a short term direct installment lender in the state you reside in. That way you have the protection of your state if things don’t go as planned. Be sure that installment loans are your last option. This type of funding is expensive and designed for short term financial needs only.