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2023 SESSION

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HB 1907 Consumer finance companies; short-term loan providers, licensee requirements.

Introduced by: Amanda E. Batten | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Consumer finance companies; short-term loan providers; licensee requirements. Requires a consumer finance company or a short-term loan provider to include as part of every loan application a question regarding whether the potential borrower has been approached, including via telephone or electronic means, by any person to send money in consideration of receiving money via a government or lottery organization. The bill has a delayed effective date of January 1, 2024.


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