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A06475 Summary:

BILL NOA06475
 
SAME ASSAME AS S04371
 
SPONSORWright
 
COSPNSRD'Urso, Colton, Sayegh, Hunter, Dickens, Benedetto, Miller MG, Epstein, Abinanti, Magnarelli, Steck, Fernandez, Taylor
 
MLTSPNSRBlake, De La Rosa, Galef, Glick, Hyndman, Simon
 
Amd §9-t, Bank L
 
Requires lending institutions that send unsolicited mail-loan checks to clearly state in solicitation letter the interest rate to be applied to such loan and to demonstrate the total cost of loan in a dollar amount, at the offered interest rate, over periods of six months, one year, and three years.
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