Payday Loan Law and Legislation Idaho

Idaho Payday loan law Senate Bill 1093

PAY DAY LOANS – Amends existing law to provide that a lender which is not a supervised financial organization may not deposit a consumer’s check, withdraw funds electronically from a consumer’s account or otherwise collect the principal of, interest on or any fees or charges for a loan subject to this part if at the time the lender makes the loan, the lender does not have a current and valid license to make loans in this state.

Idaho bill text:

Idaho statement of purpose:


Comments ( 0 )

    Leave A Comment

    Your email address will not be published. Required fields are marked *

    What is 13 + 3 ?
    Please leave these two fields as-is:
    IMPORTANT! To be able to proceed, you need to solve the following simple math (so we know that you are a human) :-)