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2012 SESSION

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HB 725 Motor vehicle title loans, payday loans, and open-end credit plans; caps interest rate.

Introduced by: David E. Yancey | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Motor vehicle title loans, payday loans, and open-end credit plans; interest rate.  Caps the rate of interest that may be charged on motor vehicle title loans, payday loans, and open-end credit plans at 36 percent per year.


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