Montana Payday Loan Laws, Montana State Payday Loans Legislation, Montana Payday Loans Legal Status, Cooling-off Period, Phone Number, Fax, Regulator

Montana Payday Loan Laws


Montana Payday Loan LawsMontana Payday loan laws. Montana Payday loan legislation. Montana state has differant payday loan laws. Montana Payday Loans permitted fee is 25% of the face amount of the payday loan. Montana Payday Loans permitted time period is a maximum of 31 days.

Montana Payday Loans maximum amount of the payday loan allowable is $300.00. Montana Payday Loans Rollovers are prohibited.

Montana State Payday Loan Laws and Legislation Information

Montana Payday Loans Legal Status: Legal

Montana Payday Loans Citation:
Mont. Code Ann. § 31-1-701

Montana Payday Loans Terms:
Montana Payday Loans Maximum Loan Amount: $300
Montana Payday Loans Term: Max: 31 days
Montana Payday Loans Maximum Finance Rate and Fees: 25%
Montana Payday Loans Finance Charge for 14-day $100 loan: $25
APR for 14-day $100 loan: 650%

Montana Payday Loans Debt Limits:
Montana Payday Loans Maximum Number of Outstanding Loans at One Time: Two
Montana Payday Loans Rollovers Permitted: None (cannot renew, repay, or refinance)
Montana Payday Loans Cooling-off Period:
Montana Payday Loans Repayment Plan:

Montana Payday Loans Collection Limits:
Montana Payday Loans Collection Fees: One $30 NSF fee; Court Costs; Reasonable Attorney's Fees if disclosed
Montana Payday Loans Criminal Action: Prohibited

Montana Payday Loans Where to Complain, Get Information:
Montana Payday Loans Regulator: Montana Department of Administration
Montana Payday Loans Address: Division of Banking and Financial Institutions, 301 South Park, Suite 316 P.O. Box 200546 Helena MT 59620
Montana Payday Loans Phone Number: (406) 841-2920
Montana Payday Loans Fax: (406) 841-2930
Montana Payday Loans Regulatory Contact: Annie M. Goodwin, Commissioner

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