House Sponsors: SCHOENBERG-FRITCHEY AND FRANKS. Short description: CONS INSTALL LOAN CHARGE LIMIT Synopsis of Bill as introduced: Amends the Consumer Installment Loan Act. Limits all fees, interest, and other charges a licensee may impose in connection with a loan to an annual percentage rate of 3,000 basis points plus the prime rate charged by the largest commercial bank in Illinois at the time the loan is made. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status