Bill Status of HB6641 93rd General Assembly
Short Description: CONSUMER SHORT-TERM LOANS
Rep. Maria Antonia Berrios
| 1/11/2005||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Consumer Installment Loan Act. Provides that a short-term lender may not charge interest on a short-term loan at an annual percentage rate exceeding 32%. Requires the Department of Financial Institutions to conform its rules to the new provisions.