Bill Title: Amends and adds to existing law to provide that a payday lender shall not make more than two electronic representations of a borrower's check; to provide that a payday loan shall not exceed 25% of a borrower's gross monthly income; to provide that a lender shall obtain information on a borrower's gross monthly income; to provide for extended payment plans and the provisions for extended payment plans; and to provide for written disclosures to a borrower before funds are disbursed.

Spectrum: Committee Bill

Status: (Passed) 2014-03-26 - Signed by Governor on 03/26/14 Session Law Chapter 270 Effective: 07/01/2014 [S1314 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2014-02-07	PDF	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Idaho S1314

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Idaho S1314 currently on file.

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