Washington, Idaho, Kentucky Pass Payday Loan Bills
Washington limits collection efforts
State of Washington governor Chris Gregoire on Wednesday signed new restrictions on payday lenders into law. The new laws address what type of payday loan collection efforts can be used and how often and in what manner borrowers can be contacted.
The rules
Washington law now says payday lenders [...]
Idaho Follows the Center For Responsible Lending’s Command
Idaho aims spud gun at cash advance
Sarah Wire of Washington State’s The Olympian newspaper reports that lawmakers in Idaho will consider two bills that should compel cash advance lenders via incentives to make sure they’re licensed before lending to Idaho residents.
These bills would invalidate unlicensed loans and allow Idaho’s [...]
Montana Payday Advance Loans Legislation Hits a Snag
Payday loans regulation tabled
Montana legislators are in a dead heat when it comes to payday advance loans regulation.
The House Business and Labor Committee voted 9-9 on a bill that would cap interest rates or fees on payday loans, effectively defeating it.
Still pushing the bill
The bill’s sponsor, Representative Bill Wilson, is [...]
Marriage Finances and No Fax Payday Loans
Before you get married it is important that the couple sits down and talk finances- even if it means taking out no fax payday loans. Marriage means you’re not only marrying that person but all of their debt too. Sometimes this is the last thing on your mind that needs [...]
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