Payday lending charges; establishes maximum annual interest rate. (HB1404)

Introduced By

Del. Dwight Jones (D-Richmond)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Payday loans; interest cap. Limits the interest that may be charged on a payday loan to a maximum rate of 36 percent annually. View Full Text »

Status

02/05/2008: Merged into HB12
View Bill's History