A00419
Type: B Origin: Assembly New York Comments: 0

Provides For A Cap On The Credit Service Charge Computed And Collected On A Retail Instalment Contract.

Summary
User Reviews

AI Summary

The bill proposes to establish a limit on the credit service charge that can be assessed on a retail installment contract. This measure aims to regulate the amount of fees that can be charged to consumers for credit services provided in such contracts, potentially offering consumer protection from excessive charges or predatory lending practices.

Bill Activity

  • 2023-01-09: referred to consumer affairs and protection

  • 2024-01-03: referred to consumer affairs and protection

  • 2024-01-10: enacting clause stricken

Overall Bill Rating

0.0
0.0
0.0
0.0
0.0
0.0
Text Versions (1)
Bill Discussion Board

Share your views on the Bill

User Icon

Min. 50 characters required  |  (0/1000 Character)

Contributions (0)
Add Contribution+2 pts.

Contribute Your Insights: Add a Unique Perspective to Political Bills. Your Contribution will be Featured Below the Primary Bill, Ordered by Date Added.