New Florida PDL Regs

Published: Tue, 04/10/18

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If you are currently funding loans in the state of Florida, you must read this new law:

The maximum face amount of a check taken for a deferred presentment installment transaction may not exceed $1,000, exclusive of fees.

The maximum fees that may be charged on a deferred presentment installment transaction are 8 percent of the outstanding transaction balance on a biweekly basis.

Fees for a deferred presentment installment transaction are calculated using...

Ream More online:
http://paydayloanindustryblog.com/florida-payday-loan-law-update-sb-920/