VI. IN THE BIG EVENT YOU CAN FIND POTENTIAL CRIMINAL CONSEQUENCES ARISING FROM A BOUNCED PAY DAY LOAN CHECK, MIGHT THREATENING ORIMPLYING A THREAT OFPROSECUTION NEVERTHELESS VIOLATE IOWA CODE § 537.7103 IF THE PAYDAY LENDER NEVER PRESSES CRIMINAL CHARGES?
Inasmuch since it is our interpretation of Chap. 533D and 537 that default on a check loan will not implicate the unlawful procedure, threatening unlawful effects for non-payment of this loan would violate the Iowa commercial collection agency ways Act. Continue reading “Payday Lenders Arrange 2nd Conference at Trump Nationwide Doral After Deregulations”