Summary of the Introduced Bill

HB 1749 -- Unsecured Loans

Sponsor:  Lampe

This bill requires lenders of unsecured loans of less than $500,
commonly referred to as payday loans, to notify borrowers of the
balance owed on the principal, interest, and other fees at least
every three months.

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Missouri House of Representatives
94th General Assembly, 2nd Regular Session
Last Updated October 15, 2008 at 3:11 pm