HB 485 -- Title Loans

Sponsor:  Hughes

This bill limits the amount of interest a title lender can charge
on loans to two times the average rate credit unions charge.
Beginning January 1, 2008, the Director of the Division of Credit
Unions within the Department of Insurance, Financial
Institutions, and Professional Registration will make these rates
available to the public.

Missouri House of Representatives
94th General Assembly, 1st Regular Session
Last Updated July 25, 2007 at 11:19 am