S12852024 Regular Session
Amends existing law to provide a limitation on the APR of payday loans.
PAYDAY LOANS -- Amends existing law to provide a limitation on the APR of payday loans.
IntroducedIn CommitteeFloor VoteEnacted
STATEMENT OF PURPOSE
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This legislation amends Idaho code to limit the Annual Percentage Rate (APR) lenders can charge for payday loans to thirty-six (36) percent.
LATEST ACTION
Reported Printed; referred to Commerce & Human Resources
BILL INFO
- Session
- 2024
- Chamber
- senate
- Status date
- Feb 7, 2024