Each licensee shall: Conspicuously post a copy of its license in each location where the licensee engages in installment lending; Submit to the Nationwide Multistate Licensing System and Registry timely reports of condition, which shall be in such form and shall contain such information as the department may require; Clearly label all advertisements and any […]
A licensee shall send written notice to the department within ten days of the following: Any knowledge or discovery that any of the licensee’s owners, executive officers, directors, trustees, agents, or covered employees has been convicted of a felony as described in subsection (a) of Code Section 7-3-42; Any knowledge or discovery that any of […]
A licensee shall not engage in the business of installment lending at a location in this state unless the licensee has first received written approval from the department. Applications or renewals for such additional locations shall be made in writing on a form prescribed by the department and accompanied by a nonrefundable fee in an […]
No licensee or employee or agent thereof shall willfully use any unreasonable collection tactics. Unreasonable collection tactics shall include, but not be limited to, any conduct by the licensee or any employee or agent thereof which: Causes the borrower or any member of his or her family to suffer bodily injury or physical harm; Constitutes […]
