Testimony Before the 2011 NC General Assembly: The Customer Finance Act

Testimony Before the 2011 NC General Assembly: The Customer Finance Act

Executive Overview

The consumer that is modern installment loan industry is almost a century old. The industry in North Carolina has been regulated through the North Carolina Consumer Finance Act (G.S.53, the CFA or the Act) for 50 years. The CFA along with other comparable regulations were initially passed away whenever employees had few appropriate credit choices; these legislation had been effective in driving away unlawful loan sharking by giving a secure, available lending choice. Fortsett å lese «Testimony Before the 2011 NC General Assembly: The Customer Finance Act»