31st Legislature, 2021
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Report Title: Deferred Deposit; Payday Loans; Loan Term; Interest Rate
Description: Specifies that the minimum term of a deferred deposit, or payday loan, shall be no less than six months with no penalty for early redemption. Caps the allowable interest rate at forty-five per cent and requires reimbursement of the prorated interest amount charged upon prepayment.
Package: None
Current Referral: IAC/CPC, FIN
Introducer(s): SAN BUENAVENTURA, LOPRESTI, NAKASHIMA, Evans, Ito, Keohokalole

Sort by Date Status Text
1/18/2017HPending introduction.
1/19/2017HPass First Reading
1/23/2017HReferred to IAC/CPC, FIN, referral sheet 1

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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