HB 6641

  • Illinois House Bill
  • 93rd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Consumer Short-Term Loans

Abstract

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.

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Jan 11, 2005

House

Session Sine Die

Feb 09, 2004

House

Filed with the Clerk by Rep. Maria Antonia Berrios

House

First Reading

House

Referred to Rules Committee

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