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1999-27
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1999-27
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Last modified
3/26/2019 10:39:39 AM
Creation date
9/30/2015 3:51:53 PM
Metadata
Fields
Template:
Ordinances
Ordinance Number
1999-27
Adopted Date
09/28/1999
Ordinance Type
Title Loans
State Filed Date
10\04\1999
Entity Name
Motor Vehicle Title Loans
Subject
Title Loan Ordinance
Codified or Exempt
Codified
Archived Roll/Disk#
2744
Supplemental fields
SmeadsoftID
951
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♦\ <br />0 <br />� T � <br />(h) The total title loan charge payable on the maturity date, <br />designated as the "finance charge," <br />(i) The total amount, amount financed plus finance charge, which <br />must be paid to redeem the loan property on the maturity date, designated as the "total <br />amount of all payments," <br />0) The annual percentage rate, computed in accordance with the <br />(k) The name and address of the title loan office, <br />number to which borrowers may address complaints, <br />type that: <br />(m) A statement printed in not less than fourteen (14) point, bold <br />(1) Your vehicle has been pledged as security for this loan and if <br />you do not repay this loan in full, including the finance charge, YOU WILL LOSE YOUR <br />VEHICLE. <br />(2) THIS LOAN HAS A VERY HIGH INTEREST RATE. <br />ONE HALF PERCENT (2 lh%) PER MONTH OR AN ANNUAL PERCENTAGE <br />RATE LOWER THAN THIRTY PERCENT (30%). <br />regulations adopted <br />by the Federal Reserve <br />Board pursuant to the Federal Truth -in <br />-Lending <br />(k) The name and address of the title loan office, <br />number to which borrowers may address complaints, <br />type that: <br />(m) A statement printed in not less than fourteen (14) point, bold <br />(1) Your vehicle has been pledged as security for this loan and if <br />you do not repay this loan in full, including the finance charge, YOU WILL LOSE YOUR <br />VEHICLE. <br />(2) THIS LOAN HAS A VERY HIGH INTEREST RATE. <br />ONE HALF PERCENT (2 lh%) PER MONTH OR AN ANNUAL PERCENTAGE <br />RATE LOWER THAN THIRTY PERCENT (30%). <br />
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