Bill
HB 4343
Financial institutions: payday lending; legislative report requirement concerning deferred presentment service providers and transactions; revise. Amends sec. 51 of 2005 PA 244 (MCL 487.2171).
2023-2024 Regular Session
Introduced by Brenda Carter and 17 co-sponsors
Michigan requires DIFS to publish annual public reports (2025-2031) on payday loans: provider counts, fees, transaction volumes, locations, complaints, and repeat borrowers.
assigned PA 46'24
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