SB 2308: Installment Loans
GENERAL BILL by Atwater
Installment Loans; authorizes licensee under Florida Consumer Finance Act to impose acquisition charge & handling charge for installment loans of specified amount or less; provides certain limitations on amount of handling charge; requires that portion of handling charge be refunded or credited to borrower if loan is prepaid in full; provides method for calculating refund; limits number of installment loans made to same borrower, etc. Creates 516.033.
Effective Date: 07/01/2006
Last Action: 5/5/2006 Senate - Died in Committee on Banking and Insurance
Bill Text: Web Page | PDF
Last Action: 5/5/2006 Senate - Died in Committee on Banking and Insurance
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/27/2006 | Senate |
• Filed |
| 3/15/2006 | Senate |
• Introduced, referred to Banking and Insurance; Commerce and Consumer Services -SJ 00240 |
| 5/5/2006 | Senate |
• Died in Committee on Banking and Insurance |