Illinois House Bill 3478: CONSUMER INSTALLMENT LOAN

Illinois · 104th session

What it does

Amends the Consumer Installment Loan Act. Provides that a certified database provider may charge a fee not to exceed the lesser of $5 or 0.1% of the loan principal (rather than $1) for each loan entered into the certified database.

Latest action

Referred to Rules Committee (2025-02-18)

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