Licensing for PDL
Date: Tue, 04/25/2006 - 01:06
I live in Wisconsin and can't seem to find anything about licensing for payday loan companies. I just ripped up my agreement this morning, which I regret and don't want to dig through the garbage for it. Anyone know about it? I've tried the attorney general, better business bureau, and googled it.
Thank you
Thank you
You can confirm the laws in your state from the state attorney g
You can confirm the laws in your state from the state attorney general's office.
The link below also has some helpful information on the regulation of payday loans. Have a look.
http://www.legis.state.wi.us/LRB/pubs/wb/04wb9.pdf
wisconsin does not have a interest rate cap, but they do require
wisconsin does not have a interest rate cap, but they do require licensing for any type of lender