In response to the post below titled “confused”:

This is a false statement! The rules that were enacted have been implemented since Jan 1. Where the problem comes into play is that lawmakers are still deciding on whether to change what they approved or not! The rules that were approved and we are operating under may not be the same rules that we are forced to abide by after they finally have a meeting to approved what the Governor signed. At this point, most of the lenders are dual licensed with a loan license and a PDL license to ensure that they can stay in business. This allowed the state to double their fee revenue from our industry.