Ok guys. Help me & tell me how you interpret this to work on a $500 payday loan w/ 2 rnwls:
I got this off the Missouri Div of Finance Website.
Sections 408.500, 408.505, and 408.506 make up the entire law concerning payday loans (a.k.a. “small, small loansâ€) which are loans of $500 or less. Such lenders must be licensed by the Division of Finance.


