EPISODE · Jul 24, 2025 · 4 MIN
Regulatory Clarity in Missouri: Premium Finance Loans and the CFDL
from Womble Perspectives · host Womble Bond Dickinson
Last year, Missouri joined a growing number of states introducing CFDL legislation. These laws aim to bring consumer-style transparency to certain commercial loans, requiring lenders to disclose terms like APR, fees, and repayment schedules. But there was a wrinkle—insurance premium finance loans were left in a gray area.Although the Senate version of the bill proposed a specific exemption for these loans, that language didn’t make it into the final omnibus bill signed into law. The result? Ambiguity for lenders and borrowers alike.Read the full article: Insurance Premium Finance Exemption Enacted — Missouri Commercial Finance Disclosure LawAbout the authorsJoel L. Perrell Jr.Eryn Brasovan
What this episode covers
Last year, Missouri joined a growing number of states introducing CFDL legislation. These laws aim to bring consumer-style transparency to certain commercial loans, requiring lenders to disclose terms like APR, fees, and repayment schedules. But there was a wrinkle—insurance premium finance loans were left in a gray area. Although the Senate version of the bill proposed a specific exemption for these loans, that language didn’t make it into the final omnibus bill signed into law. The result...
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Regulatory Clarity in Missouri: Premium Finance Loans and the CFDL
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