Louisiana HB545 revises maximum loan finance charges and origination fees for consumer loans.
Louisiana HB545 modifies the maximum loan finance charges for consumer loans, adjusting the percentage rates based on the loan amount. It also increases the maximum origination fee from $50 to $75. This bill affects lenders and consumers by changing the cost structure of consumer loans.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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