This chapter shall not apply to any person doing business under and as permitted by the laws of this state or the United States relating to banks, savings banks, trust companies, building and loan companies, Morris Plan Banks, licensed credit unions, licensed rural credit unions, agricultural and livestock pools and farmers’ societies, nor shall it apply to pawnbrokers as defined in this code. (Code 1941, Art. 73-8; Ord. 3484)
Each holder of a license to lend money shall keep a complete set of records showing a list of loans made, giving the name and address of the borrower, the amount of cash actually loaned and the amount of principal and interest the borrower agreed to pay, whether such transaction was an original lending or a renewal of an existing loan, the amount of money paid to the licensee by the borrower and how much payment was credited. Such books and records shall at all reasonable times during business hours be subject to inspection by the city manager and his duly authorized agents, but the city manager shall not be required to divulge such information to members of the public. Any licensee, upon request by any borrower from such licensee, shall be required to furnish such borrower a true and correct copy of such borrower’s account with the licensee, signed by the licensee or his duly authorized agent, setting forth the following information:
(a) The name and address of the borrower.
(b) The amount of cash actually loaned.
(c) The amount of principal and interest the borrower agreed to pay.
(d) Whether such transaction was an original lending or a renewal of an existing loan.
(e) The amount of money paid to the licensee by the borrower.
(f) How such payment was credited. (Code 1941, Art. 73-5; Ord. 5123)
No holder of a license to lend money, his agents, servants or employees, shall communicate with the employer of any borrower relating to any loan made by the licensee to the borrower with intent to harass or annoy the employer of the borrower. (Code 1941, Art. 73-6)