Fact Sheet: HB 1396 Makes Small Loans More Expensive
HB 1396 significantly increases fess on installment loans made by small loan companies. There were 517 small loan companies with nearly $795 million in loans outstanding in 2010.
HB 1396 significantly increases fess on installment loans made by small loan companies. There were 517 small loan companies with nearly $795 million in loans outstanding in 2010.