Laserfiche WebLink
(2) The borrower maintains possession of, or control over, the motor <br />vehicle throughout the term of the loan, <br />(3) The borrower is not required to pay rent or any other charge for the use <br />of the motor vehicle, <br />(4) The title loan lender holds a current, active license issued by the <br />Department pursuant to this Ordinance, <br />(5) The title loan lender delivers to the borrower, at the time the loan is <br />made, a written title loan agreement that contains the following information: <br />(a) The make, model, and year of the motor vehicle to which the loan <br />relates, <br />(b) The vehicle identification number, or other comparable <br />identification number, along with the license plate number, if applicable, of the motor vehicle <br />to which the loan relates, <br />(c) The name, address, date of birth, physical description, and social <br />security number of the borrower, <br />(d) The date of the transaction, <br />(e) The identification number and the type of identification, <br />including the issuing agency, accepted from the borrower, <br />(f) The amount of money advanced, designated as the "amount <br />financed," <br />(g) The maturity date of the title loan agreement, <br />