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#117186 - 09/24/03 05:05 PM annual fees
Anonymous
Unregistered

Does Illinois have a maximum or a limit on what can be charged for an annual fee on home equity lines of credit or overdraft lines of credit? Is it different if you issue plastic to access the line versus not issuing plastic?

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#117187 - 09/26/03 05:19 PM Re: annual fees
Dave M_TCA Offline
Platinum Poster
Dave M_TCA
Joined: Oct 2000
Posts: 686
Wherever my most benevolent em...
Here is a link to the Illinois Financial Services Development Act. Take a look at section 6, it may have your answer.
_________________________
David J Mulkerin, CRCM
All opinions expressed are mine and not those of my employer and are not to be taken as legal advice.

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