Wyoming § 40-14-367 Notification

Wyoming Statutes

§ 40-14-367 — Notification

Wyoming·Title 40 Trade and Commerce·Ch. 14 WYOMING UNIFORM CONSUMER CREDIT CODE·Art. 3 LOANS

(a)A post-dated check casher shall provide the following written notice with each post-dated check or similar arrangement and obtain the signature of the consumer at least annually indicating receipt of the notice: NOTICE 1. STATE LAW PROHIBITS A POST-DATED CHECK OR SIMILAR ARRANGEMENT FROM BEING REPAID, REFINANCED OR OTHERWISE CONSOLIDATED BY PROCEEDS OF ANOTHER POST-DATED CHECK OR SIMILAR ARRANGEMENT ACCEPTED BY THE SAME POST-DATED CHECK CASHER. 2. POST-DATED CHECK ADVANCES SHOULD BE USED FOR SHORT-TERM FINANCIAL NEEDS ONLY, NOT AS A LONG-TERM FINANCIAL SOLUTION. CUSTOMERS WITH CREDIT DIFFICULTIES SHOULD SEEK CREDIT COUNSELING.

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(a) A post-dated check casher shall provide the following
written notice with each post-dated check or similar arrangement
and obtain the signature of the consumer at least annually
indicating receipt of the notice:
NOTICE
1. STATE LAW PROHIBITS A POST-DATED CHECK OR SIMILAR
ARRANGEMENT FROM BEING REPAID, REFINANCED OR OTHERWISE
CONSOLIDATED BY PROCEEDS OF ANOTHER POST-DATED CHECK OR SIMILAR
ARRANGEMENT ACCEPTED BY THE SAME POST-DATED CHECK CASHER.
2. POST-DATED CHECK ADVANCES SHOULD BE USED FOR SHORT-TERM
FINANCIAL NEEDS ONLY, NOT AS A LONG-TERM FINANCIAL SOLUTION.
CUSTOMERS WITH CREDIT DIFFICULTIES SHOULD SEEK CREDIT
COUNSELING.

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