92nd General Assembly
Summary of SB2322
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Senate Sponsors:
MOLARO.

Short description: 
CREDIT LATE PAYMENT CHALLENGE                                              

Synopsis of Bill as introduced:
        Amends the Illinois Financial Services Development Act.  Provides      
   an opportunity for a borrower to challenge a determination  a  payment      
   was  late.    Prohibits  an  imposition  of  late  fees or a report of      
   delinquency  to  a  credit  reporting  agency   until   a   challenged      
   determination is resolved.  Effective immediately.                          
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: Senate

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


   END OF INQUIRY 



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