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Home » Store » Taxable » B&C Briefs

B&C Briefs

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Taxable

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B&C Briefs Minnesota – The North Star State has clamped down on predatory lending with SB 2988, signed into law last week by independent Gov. Jesse Ventura. Starting Jan. 1, 2003, it will be illegal for lenders to finance fees, excluding recording fees and various tax and insurance charges, in excess of 5 percent of the loan amount. Loans insured by the VA, FHA or Farmers Home Administration are exempt. Lenders will also be unable
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