H7868Introduced in the House
Allows a lender to charge an origination fee, increase interest rates and collect a monthly service fee, on loans up to three hundred dollars ($300) but not exceeding five thousand dollars ($5,000).
Introduced by Patricia Serpa, District 27
What does this bill do?
Plain-English breakdown
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Official description
FINANCIAL INSTITUTIONS -- SMALL LOAN LENDERS - Allows a lender to charge an origination fee, increase interest rates and collect a monthly service fee, on loans up to three hundred dollars ($300) but not exceeding five thousand dollars ($5,000).
Where it stands
Committee recommended measure be held for further study
March 3, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
How would you vote on this bill?
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Bill history
Introduced, referred to House Corporations
Scheduled for hearing and/or consideration (03/03/2026)
Committee recommended measure be held for further study
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