AB763 — Relating to: interest rates on consumer loans and activities of consumer lenders regulated by the Department of Financial Institutions. (FE)

AB763 — Relating to: interest rates on consumer loans and activities of consumer lenders regulated by the Department of Financial Institutions. (FE) · Informed CitizenryThis bill proposes to limit the maximum annual percentage rate (APR) on consumer loans to 36 percent. It clarifies that a person is considered a lender if they hold the predominant economic interes…Open in Informed Citizenry