Consumer Protection Law
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the interest rate is 89.9% I was just reading about the lawsuits brought by NY, WA, MN, and GA attorneys general and wondered if this might be the case. Obviously I realize I don't live in those states but since the interest rate far exceeds the NC state usury rate I wondered if this loan might be considered illegal in NC. I also understand that the terms of this loan state that it is governed under the tribal laws where the business is located etc etc, but is any of this really enforceable in NC.