US Lawyer Database

For Lawyer-Seekers

YOU DESERVE THE BEST LAWYER

Home » US Law » 2022 West Virginia Code » Chapter 46A. West Virginia Consumer Credit and Protection Act » Article 4. Regulated Consumer Lenders » §46A-4-111. Disclosure of Higher Annual Percentage Rate Upon Refinancing of a Loan Not Secured by Real Estate at Higher Rate; Requiring Documentation of a Reasonable Net Tangible Benefit to the Borrower of Any Refinancing of a Real Estate Secured Loan

(1) Any nonrevolving consumer loan or consumer credit sale that is not secured by residential real estate that is refinanced or consolidated with a new loan under this article after September 1, 2009, at a higher annual percentage rate than the consumer loan or consumer credit sale being refinanced must provide the consumer the following disclosures: