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)