Iowa

Legal Status

Legal

Citation

I. C. A. 553D et seq.

Loan Terms

Maximum Loan Amount: $500

Loan Term: No more than 31 days

Maximum Finance Rate and Fees: $15 per $100 on face value of check

Finance Charge for 14-day $100 Loan: $15

APR for 14-day $100 Loan: 391%

Collection Limits

Collection Fees: $15.00 Iowa Code §533D.9(2)(d)