Section DFI-Bkg 75.09 - General matters(1) The effective date of a payday loan cannot be prior to the date the loan is signed by the customer.(2) Notwithstanding s. 138.14(12) (f), Stats., a licensee is not prohibited from bringing an action to collect the total outstanding balance due on a payday loan, including the service charge permitted under s. 138.14(10) (b)2, Stats.(3) All times referenced in s. 138.14, Stats., are for the Central Time Zone.Wis. Admin. Code Department of Financial Institutions DFI-Bkg 75.09
CR 10-098: CR Register May 2011 No. 665, eff. 6-1-11.