Patrick Pihana Branco
- Democratic
Primary
Transitions from lump sum deferred deposit transactions to installment-based short-term loans. Specifies various consumer protection requirements for short-term loans, including interest and fee caps, allowable outstanding loans, a cooling-off period, and the right to rescind. Beginning 1/1/2022, requires persons operating as short-term loan companies to be licensed. Specifies licensing requirements for short-term loan companies.
No votes to display
Referred to CPC, FIN, referral sheet 3
Introduced and Pass First Reading.
Pending introduction.
| Bill Text Versions | Format |
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| HB1233 | PDF HTML |
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| No related documents. |
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