You may not currently operate in California BUT this strategy by State regulators will eventually
bite you in the ass as well! No payday loan ACH transactions allowed.
Image Cash Letters (ICL) to replace ACH?
No ACH transactions to be allowed in Calif.
A data base to be enforced in
California.
Proposed Regulations under the California Deferred Deposit Transaction Law
The DBO (California Department of Oversite) recently issued
Read more: http://paydayloanindustryblog.com/#ixzz3cmRKvoHo
