Legal Status
Legal, but severely limited
Citation
Mont. Code Ann. 31-1-701
Loan Terms
Maximum Loan Amount: 300
Loan Term: 31
Finance Charge for 14-day $100 Loan: 1.38
APR for 14-day $100 Loan: 36%
Debt Limits
Maximum Number of Outstanding Loans at One Time: Silent.
Rollovers Permitted: No. Mont. Code Ann. 31-1-723(13).
Cooling-off Period: Silent
Repayment Plan: Silent
Collection Limits
Collection Fees: $30 NSF Fee. Mont. Code Ann. 31-1-722.
Criminal Action: Prohibited. 31-1-723.