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Office of the Revisor of Statutes

SF 3740 Senate Long Description

Modifying consumer small loans regulations; modifying the definition of consumer small loan and modifying the loan limit; modifying lender authority and certain loan terms and conditions; requiring a loan contract to include a provision offering an optional extended payment plan and specifying certain regulations; prohibiting certain practices; requiring lender display of notification of the extended repayment plan and other locally available debt repayment services
(je)