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

Spectrum: Moderate Partisan Bill (Democrat 19-4)

Status: (Introduced) 2023-11-02 - Bill Electronically Reproduced 11/01/2023 [HB5290 Detail]

Text: Latest bill text (Introduced) [HTML]

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