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Client CM3 from Idaho
We helped CM3 to pay off debts and
save $3120.77
Type of debt:
Store Front Payday Loan, Accounts in Collection, Online Payday Loan
CM3's Satisfaction level:
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    Home » Client Education » Payday loan laws » Idaho

    Payday loan laws in Idaho

    • Status: Legal (Idaho Code §§ 28-46-401 et seq.)
    For Lenders

    Lending specifications:

    • Maximum loan amount: $1000
    • Loan tenure: NA
    • Fees and finance charges: NA
    • Finance charge on a 14-day $100 loan: $17.50
    • APR on 14-day $100 loan: No limit

    Collection restrictions:

    • Collection fees: $20 NSF fee
    • Criminal procedures: Prohibited
    For Borrowers

    Debt limits:

    • Maximum no. of outstanding loans at a time: Not Specified
    • Rollovers allowed: Three (Renewals)

    Complaint cell:

    • Regulator: Idaho Department of Finance
    • Address: Consumer Finance Bureau, 800 Park Blvd., Suite 200, Boise ID 83712
    • Phone: (208) 332-8000
    • Toll-Free (Within Idaho Only): 1-888-346-3378
    • Regulatory contact: Mike Larsen, Consumer Finance Bureau Chief
    • Website: http://finance.idaho.gov/
    • File complaint: http://finance.idaho.gov/Complaint.aspx



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