Skip to content
BOL Conferences
Learn More - Click Here!

Thread Options
#30550 - 08/30/02 04:20 PM Consumer Loan State Regulations
Anonymous
Unregistered

I have been attempting to review New York Banking Law/Statues with no success. My questions are:
What are the allowable late fees on consumer loans- motor vehicle?
What are the default requirements in NY?

A borrower is purchasing a used car in Missouri- registering the vehicle in NY. The borrower resides in NY but all the loan documents will be based on Missouri law.

Any suggestions would be beneficial. Thank you.

L Coyle
lcoyle@metronationalbank.com

Return to Top
#30551 - 10/21/02 05:45 PM Re: Consumer Loan State Regulations
Anonymous
Unregistered

Have you tried New York Banking Departments website:
www.banking.state.ny.us/ If you are a NY state chartered bank that is an excellent website to obtain information.

Return to Top