Utah and PDL's
Date: Mon, 07/31/2006 - 20:42
I've been doing a little research and this is what I have found out so far. Utah has no cap regarding the amount of interest that can be charged for PDL's!! Maybe I have not yet done enought research or maybe my research so far is incorrect.. but..this is ridiculous!! Does anyone else have any info on the laws in UT regarding these types of loans?
This would be correct as long as the PDL is a registered check c
This would be correct as long as the PDL is a registered check casher offering deferred deposit services.
Utah Code Ann. ?? 7-23-101 et seq.
