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2008 SESSION

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SB 694 Payday loans; prohibits lender from harrassing, oppressing, or abusing when collecting a debt.

Introduced by: A. Donald McEachin | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Payday loans; collection practices.  Prohibits a payday lender, when collecting a payday loan, from (i) engaging in any conduct the natural consequence of which is to harass, oppress, or abuse any person in connection with the collection of a debt, (ii) using any false, deceptive, or misleading representation or means in connection with the collection of a debt, and (iii) using unfair or unconscionable means to collect or attempt to collect any debt.

FULL TEXT

• 01/15/08  Senate: Presented and ordered printed 088833273  pdf | impact statement

HISTORY

• 01/15/08  Senate: Presented and ordered printed 088833273
• 01/15/08  Senate: Referred to Committee on Commerce and Labor
• 02/06/08  Senate: Assigned C&L sub: Special on Payday Lending
• 02/12/08  Senate: Left in Commerce and Labor