DFI-Bkg 75.08(2)(a)4.4. Identify the name, address, telephone number, and customer identification number. DFI-Bkg 75.08(2)(a)5.5. State the date the repayment plan was made, the loan number, and the outstanding balance. DFI-Bkg 75.08(2)(a)7.7. Contain a summary of action that could be taken against the customer if the customer does not make the required repayment plan installment payments when due. DFI-Bkg 75.08(2)(c)(c) The licensee shall retain a copy of the repayment plan agreement in the customer’s file. DFI-Bkg 75.08(3)(3) Acceptance of plan. No licensee is required to honor a repayment plan offer under sub. (2) that is not accepted by the customer and received by the licensee within 10 days of the date the offer is hand-delivered, mailed or e-mailed to the customer. DFI-Bkg 75.08(4)(a)(a) The first payment may not be due earlier than the customer’s next pay day following the date the offer is made. DFI-Bkg 75.08(4)(b)(b) Except as provided in par. (d), the due date of the 4 equal installments shall coincide with the customer’s pay period schedule, as verified by the customer’s pay stub, payroll receipt, receipt of government or retirement benefits, or other documentation that identifies the frequency of the pay cycle. DFI-Bkg 75.08(4)(c)(c) If the customer’s income is not received on a consistent, regular cycle, the pay period schedule shall be considered every two weeks and the first payment shall be due two weeks following the date the offer is made. DFI-Bkg 75.08(4)(d)(d) If documentation to verify the customer’s pay period schedule is not available, the pay period schedule shall be considered to be once a month and the first payment shall be due one month following the date the offer is made. DFI-Bkg 75.08 HistoryHistory: CR 10-098: cr. Register May 2011 No. 665, eff. 6-1-11; CR 12-035: r. and recr. (1), am. (4) (intro.), (b), cr. (4)(d) Register May 2013 No. 689, eff. 6-1-13; CR 22-020: am. (1) (c) 3., (2) (a) 4. Register May 2023 No. 809, eff. 9-1-23; CR 23-039: am. (4) (a) Register March 2024 No. 819, eff. 4-1-24; 2023 Wis. Act 267: am. (1) (c) 3., (2) (a) 4. Register April 2024 No. 820, eff. 1-1-25; merger of (1) (c) 3., (2) (a) 4. treatments by 2023 Wis. Act 267 and CR 22-020 made under s. 13.92 (4) (bm), Stats., Register April 2024 No. 820. DFI-Bkg 75.09(1)(1) The effective date of a payday loan cannot be prior to the date the loan is signed by the customer. DFI-Bkg 75.09(2)(2) Notwithstanding s. 138.14 (12) (f), Stats., a licensee is not prohibited from bringing an action to collect the total outstanding balance due on a payday loan, including the service charge permitted under s. 138.14 (10) (b) 2., Stats. DFI-Bkg 75.09 HistoryHistory: CR 10-098: cr. Register May 2011 No. 665, eff. 6-1-11. DFI-Bkg 75.10(1)(a)(a) Except as otherwise provided in s. 138.14, Stats., a licensee shall transmit all information to the database via the Internet. DFI-Bkg 75.10(1)(b)(b) In order to maintain the confidentiality and security of the information transmitted to the database, a licensee shall maintain generally accepted security safeguards to maintain the confidentiality and security of information transmitted to the database. The licensee shall install, maintain and regularly update malware protection, antivirus and antispyware software, and a firewall. DFI-Bkg 75.10(1)(c)(c) A licensee may not transmit information to the database using publicly accessible computers, computers that are not under the licensee’s control, unsecured wireless connections, Wi-Fi connections, or other connections that are not secure. DFI-Bkg 75.10(2)(a)(a) If the database advises the licensee that an applicant is eligible for a payday loan, the licensee shall record a transaction identification number, generated by the database, on the applicant’s loan document before entering into the payday loan. DFI-Bkg 75.10(2)(b)(b) If the database advises the licensee that an applicant is ineligible for a payday loan, the licensee shall do all of the following: