July 3, 2024
Loans

Gov. DeSantis signs law upping rate caps on loans while cracking down on online loan sharks

Gov. Ron DeSantis signed on Friday an increase in interest rate caps on loans that accompanied a crackdown on online loan sharks. The legislation (HB 1347) prohibits operation of branches of businesses making consumer finance loans before obtaining proper licensing. It also ups the minimum amount of time before delinquency charges can be imposed from

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