Syfert Injury Law Firm

Short title.

Definitions.

Loans; lines of credit; rate of interest; license.

Application for license; fees; etc.

Finance charge; maximum rates.

Rate of interest upon default.

Unsafe and unsound practices.

License.

Grounds for denial of license or for disciplinary action.

Investigations and complaints.

Records to be kept by licensee.

Duties of licensee.

Confession of judgment; power of attorney; contents of notes and security.

Assignment of wages, etc., given to secure loans.

Penalties.

Restriction of borrower’s indebtedness.

Rules; certified copies.

Liability when acting upon order, declaratory statement, or rule.

Subpoenas; enforcement actions; rules.

Purchase or assignment of wages, salaries, etc.

Preexisting contracts.

Consumer protection; certain negotiable instruments restricted; assigns subject to defenses; limitation on deficiency claims; cross collateral.

Consumer credit counseling.

Public disclosures.

Credit insurance must comply with credit insurance act.

Installment requirement.

Annual reports by licensees.

Suspension of penalties and remedial measures after federal disaster declaration.