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The Florida Senate

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

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  • Bill History

  • SB 2308, Original Filed Version (Current Bill Version) Posted 2/27/2006 at 8:32 AM