Installment Licensed Lender

Installment Licensed Lender covers laws that apply to the following types of consumer-purpose loans, in any amount:

  • unsecured
  • secured by motor vehicles, goods, or other collateral
  • open end lines of credit
  • closed end loans

The product addresses issues in a question/answer format. The questions relate to licensing, fee and payment limitations, disclosures, titling and security interests, recordkeeping, collections, and other pertinent issues. The responses are based on state statutes, regulations and materials published by the regulating entity. The responses generally do not cover local or municipal ordinances. If there is more than one licensing scheme that applies in a particular response, the responses are categorized by licensing scheme. Installment Licensed Lender does not cover laws related to retail installment sales, mortgage loans, title loans, payday loans or commercial loans.

For a personal guided tour and trial, please contact Michael Willer at 614-855-0505 or by email at mwiller@counselorlibrary.com.

InstallmentLaw
A monthly, multi-faceted legal reporting service for legal compliance professionals and law firms in the consumer unsecured and personal property-secured lending industry interested in installment lending, student lending, payday lending, title lending, pawn transactions, prepaid cards, and open-end lines of credit, including credit cards.

For a demonstration and free trial of our latest legal reporter, please contact Mike Willer at (614) 855-0505. Click here for more info.