The Idaho Department of Finance issued a cease-and-desist order against an online payday loan provider, AAA-Payday Advance UT LLC. The lender lacks the required licensed to make payday loans to Idaho residents over the Internet, according to the order.
Department Director Gavin Gee asked Idahoans who have borrowed from AAA-Payday to contact the department at 1-888-346-3378.
"We're interested in furthering our investigation to learn the breadth of lending in Idaho undertaken by unlicensed Internet payday lenders," Gee said.
More information on payday lending laws and borrowers' rights is available a the department's website, http://finance.idaho.gov.