Bill Title: Amends the Consumer Installment Loan Act. Provides that the annual percentage rate shall not exceed 21% for title-secured loans in which an obligor provides to the licensee, as a security for the loan, physical possession of the obligor's title to a motor vehicle. Effective immediately.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2015-03-27 - House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee [HB3771 Detail]

Text: Latest bill text (Introduced) [HTML]

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