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In North Carolina, loan sharking is illegal and is primarily addressed under the state's usury laws, which prohibit charging excessive interest rates on loans. The maximum interest rate that can be charged is typically capped at 8% per annum unless the lender is a licensed financial institution that may have different rates. Additionally, loan sharking can lead to criminal charges, including felony charges for those who engage in predatory lending practices. Victims of loan sharking can also seek legal recourse against lenders who violate these laws.
What else can I help you with?
Is premarital sex illegal in North Carolina?
There are no longer laws against premarital sex. However, there are laws regarding ages and those are enforced.
Are gays and lesbians in North Carolina protected by law against discrimination on the basis of sexual orientation?
There are no state laws in North Carolina which explicitly prohibit discrimination on the basis of sexual orientation.
What states had child labor laws in 1903?
North Carolina and South Carolina
What are the Good Samaritan laws of North Carolina?
what are the laws?
Were Alabama and North Carolina the first to enact child labor laws in 1903?
No. I think it was North Carolina and South Carolina
What laws did Virginia and North Carolina pass in response to the slave rebellion?
South carolina
What country claimed North Carolina?
North Carolina is a southern state in the USA. It is administered by both state and federal laws.
Who do you talk with about North Carolina licensing laws?
You would need to contact the NCDMV (North Carolina Department of Motor Vehicles). They have offices in almost every town and city in North Carolina.
What are the local laws in North Carolina?
do not run around naked
What rules and laws did colonist have in North Carolina colony?
I am sorry, I do not know what laws or rules the North Carolina colony had. This answer is better than the FIRST one because all it said was poooopppppp.
What towing laws North Carolina?
There are many laws in North Carolina for towing vehicles. Laws include that small wrecker vehicles must have a sufficient rope to tow vehicles and they must be able to lift 8,000 pounds.
If a guy is 18 years old and a girl is 16 years old are there any laws against them dating and having sex in the states of North Carolina and South Carolina?
Trust me, dont have be having sex at that age.
