Iowa Payday Loan Collection Check
Live. Collecting an Iowa payday loan? Iowa Code 533D.9/533D.10: fee schedule, one $15 penalty as the exclusive remedy, no other fees, 2 checks / $500 / 31 days.
Collecting an Iowa payday (delayed deposit) loan? Checks the account and each contact against Iowa Code 533D.9 and 533D.10: fee at most $15 on the first $100 and $10 per later $100, one returned-check penalty of at most $15 collected once and serving as the exclusive remedy, no late, collection or other fees, at most 2 checks and $500 aggregate held up to 31 days, no payout method that adds fees, and no refinancing with the same licensee. Returns violation, review or ok per loan with citations. Nothing stored; not legal advice.
Price: $0.001 per call after 1,000 free per month.
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