2-11-6: MAINTENANCE OF RECORDS; ANNUAL REPORTS:

   A.   A Consumer Short-Term Lender must annually file a report with the City Clerk that contains the following information for each calendar year:

      1.   The total number of Consumer Short-Term Loans issued per calendar year;

      2.   The total dollar amount, over and above principal, collected on Consumer Short-Term Loans;

      3.   The average annual percentage rate and range of annual percentage rates for Consumer Short-Term Loans; and

      4.   The state or origin for borrowers. (Ord. 2020-10, 10-12-2020)