1 bill · 2018 Regular Session
Amends existing law to provide that a collection agency licensee, a collection agency or its agent or a creditor citizen may collect interest or incidental fees, charges or expenses if expressly authorized by the agreement creating the debt.
Through this amendment, the Idaho law will more closely mirror the federal regulation and will clarify several issues that collection agencies are faced with. The amendment adds subsection (b) and relabels subsections (c) through (f).