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
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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
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SB 2308, Original Filed Version (Current Bill Version) Posted 2/27/2006 at 8:32 AM
Bill Text: Web Page | PDF Analyses: None Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 516.033