Bill 234, Payday Advances Accountability Act, 2020

Bill 234, Payday Advances Accountability Act, 2020

Present status: First Reading Carried

Variations

The Bill amends the payday advances Act, 2008 the following:

1. a limitation is set up in the yearly interest which may be prescribed into the laws according to the price of borrowing under a pay day loan contract|loan agreement that is payday}.

2. The Borrowers’ Bill of Rights is set up.Continue reading