Notice of Application for Consumer Finance License

 

Fastlending.com, LLC, headquartered at 2017 Fiesta Drive, Suite 201, Sarasota, Florida, has filed an application with the North Carolina Office of the Commissioner of Banks to make and service loans under the North Carolina Consumer Finance Act.

This notice is being provided in accordance with Title 04 of the NC Administrative Code, Subchapter 03E .0101(b). 

 

!ATTENTION REQUIRED!

 

The North Carolina Consumer Finance Act has been amended.  Changes will go into effect on October 1, 2023.     

For more information, click this link to review the full statute Session Law 2023-61, Senate Bill 331.  

Send your questions via e-mail to [email protected].

Register Now

 

NC Office of the Commissioner of Banks

Presents

 

Understanding North Carolina’s Consumer Finance Act &

Best Practices for Branch Employees

 

Tuesday, June 13, 2023

10:00 am – 11:30 am ET

 

The NC Office of the Commissioner of Banks will review the North Carolina Consumer Finance Act,

discuss frequently cited examination violations, and share industry best practices.

 

Registration is limited to 100 registrants and 5 per licensee.

Future sessions will be offered.

Registration deadline is June 6, 2023

 

Today, the North Carolina Office of the Commissioner of Banks (OCOB) published a memorandum to provide guidance related to the selling of credit insurance policies by licensees and the collection of related origination fees pursuant to the North Carolina Consumer Finance Act, specifically N.C.G.S §53-189. The memo is available on the OCOB website at Collection of Origination Fees Associated with the VSI or CPP Insurance Policies.

Licensees should review the memorandum and perform all due diligence to confirm that any fees collected comply with the relevant insurance statutes or the master policies that have been approved by the North Carolina Department of Insurance.

!ATTENTION REQUIRED!

 

North Carolina’s Assumed Business Name Act (ACT) has changed.  Any certificate of assumed named registered BEFORE December 1, 2017, will expire on December 1, 2022.  If you desire to continue using an assumed name, you must register a new Certificate of Assumed Name and pay the $26 fee BEFORE the expiration date.  Once expired, the assumed name cannot be used until a new certificate is filed in accordance with NCGS, Chapter 66, Article 14A. Click the link above for a fillable version of the certificate. 

For more information, click this link to review the full statute (NCGS, Chapter 66, Article 14A).  The NC Secretary of State’s office is responsible for implementing the new registry of assumed names.  The following link provides information and frequently asked questions about the ACT: NC Secretary of State - Assumed Business Names

If you have questions, please contact Business Link North Carolina at [email protected] or 800-228-8443.