92nd General Assembly
Summary of HB5575
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House Sponsors:
SCHOENBERG-FRITCHEY AND FRANKS.

Short description: 
CONS INSTALL LOAN CHARGE LIMIT                                             

Synopsis of Bill as introduced:
        Amends the  Consumer  Installment  Loan  Act.  Limits  all  fees,      
   interest, and other charges a licensee may impose in connection with a      
   loan to an annual percentage rate of 3,000 basis points plus the prime      
   rate  charged  by  the largest commercial bank in Illinois at the time      
   the loan is made.                                                           
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



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