A bill for an act relating to the maximum finance charge on a consumer credit sale.

HF 727 caps the annual finance charge for consumer credit sales at 10% on unpaid balances. It applies to both open-end credit (like credit cards) and other installment credit, limiting how much lenders can charge in interest. The bill directly affects consumers who take out credit for purchases and the lenders who provide those loans. Key provisions set a strict 10% annual rate ceiling, replacing previous higher thresholds. This is a concrete policy change to limit interest costs for borrowers.