Bill Title: Financial institutions: payday lending; deferred presentment service transactions that charge service fees greater than an annual rate of 36%; prohibit. Amends secs. 33 & 40 of 2005 PA 244 (MCL 487.2153 & 487.2160).

Spectrum: Moderate Partisan Bill (Democrat 32-5)

Status: (Introduced - Dead) 2019-02-26 - Bill Electronically Reproduced 02/26/2019 [HB4251 Detail]

Text: Latest bill text (Introduced) [HTML]

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