Kentucky

Kentucky Payday Deferred Presentment Transaction Database Interface

Thursday, May 20th, 2010

Kentucky Payday Lenders can now use Data Age’s AdvanceMaster system to communicate via the Veritec database interface and comply with state regulatory mandates. Lenders are responsible for maintaining compliance with the current Kentucky Revised Statute 286.9-100(9) (“Act”) impacting Deferred Presentment businesses as published by the Kentucky Department of Financial Institutions. The automated interface has been [...]

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