2) ALASKA: A person may not engage in the business of making loans of money, credit, goods, or things in action in the amount or of a value of $25,000 or less and charge, contract for, or receive on the loan a greater rate of interest, discount, or consideration than the lender would be permitted by law to charge if the person were not a licensee under this chapter, in the place of first obtaining a permit from the department.
As is often the instance, banking institutions, savings and you will loans, trust businesses, strengthening and you can loan connectivity and borrowing from the bank unions is actually excused to your certification demands
3) ARIZONA: Like mpeople other claims, Arizona takes into account brief financing, in this case men and women less than $10,100000, to get individual fund, no matter whether the money is utilized for personal or company aim. Continue reading
