Website: http://finance.mo.gov
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2 selected articles
Payday Lenders | Missouri Division of Finance
Sections 408.500, 408.505, and 408.506 make up the entire law concerning payday loans (a.k.a. "small, small loans"), which are loans of $500 or less. Such lenders must be licensed by the Division of Finance. Sections 408.500-408.505 subject this type of lender to a host of consumer safeguards, i.e., places a 75 percent cap on interest...
Related topics : loan small business / lenders payday loan / small loan / next day payday loan / loan no payday
Title Lenders | Missouri Division of Finance
Sections 367.500-367.533 comprise the title loan law, both for licensing and for substantive provisions such as consumer rights, refunding, etc. Loans made pursuant to this section are secured by titled personal property, primarily automobile titles, but they are different from...
Related topics : loan against mobile home title / loan auto title / loan secured / home finance loan / auto loan interest rates
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