SB1586 — Relating to debt cancellation agreements offered in connection with certain retail installment contracts.

SB1586 — Relating to debt cancellation agreements offered in connection with certain retail installment contracts. · Informed CitizenrySB 1586 amends the Finance Code to regulate debt cancellation agreements associated with retail installment contracts. The bill establishes that the fee for such an agreement cannot exceed five per…Open in Informed Citizenry