Wis. Admin. Code Department of Financial Institutions DFI-Bkg 75.09 - General matters
(1) The effective date of a payday loan
cannot be prior to the date the loan is signed by the customer.
(2) Notwithstanding s.
138.14(12) (f),
Stats., a licensee is not prohibited from bringing an action to collect the
total outstanding balance due on a payday loan, including the service charge
permitted under s. 138.14(10)
(b)2, Stats.
(3) All times referenced in s.
138.14, Stats., are for the
Central Time Zone.
Notes
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