A419 — Provides for a cap on the credit service charge computed and collected on a retail instalment contract

A419 — Provides for a cap on the credit service charge computed and collected on a retail instalment contract · Informed CitizenryThe bill amends the personal property law by changing subdivision 1 of section 404. It allows a seller, or the holder of a retail instalment contract or obligation, to charge and collect a credit s…Open in Informed Citizenry