CCH Offers All-State Resource for Consumer Loan Laws

RIVERWOODS, ILL., AUGUST 4, 1999) – CCH INCORPORATED (CCH), a leading provider of banking and business law information, has released the CCH Personal Loan Compliance Guide, the first reference guide to provide comprehensive, multistate coverage of state consumer loan laws. Now, lenders can easily access this one-stop reference instead of enduring the tedious task of researching personal loan compliance requirements through numerous state sources.

"There’s been tremendous growth in the consumer lending area and the amount of information that lenders need to keep up with increases daily," said Peggy Hayner, CCH Financial Institutions Group marketing manager. "Now, those who are responsible for complying with the law have an easy, reliable way to keep up-to-date on the issues. The CCH Personal Loan Compliance Guide is a tremendous time-saving tool — it’s the only source available that offers encyclopedic, at-a-glance information on state loan laws."

Comprehensive, Full-Text Coverage

The CCH Personal Loan Compliance Guide provides thorough coverage of state laws governing the consumer lending industry — from the prerequisites of doing business in each state through licensing regulations, advertising restrictions and usury laws. Updated monthly, the Guide provides full text of key laws, regulations and plain language explanations organized by state. In addition, the CCH Personal Loan Compliance Guide highlights those areas in which federal law preempts state law.

Helpful information is included on disclosures required under state loan acts, maximum loan and term requirements, rates, charges and fees, as well repayment, rescission, penalties and more.

Subscribers also will find a wide range of guidance on the subject of personal loans, ranging from open-end to closed-end loans. Laws and regulations governing "Title Lenders" and "Payday Lenders," which make short-term loans at high interest rates, also are included.

The Guide is consistently organized across all states, facilitating analysis and research. Every state has its own Rapid Finder Index, annotated explanations, text of selected laws and key rules and regulations. Separate indexes help users quickly access critical compliance requirements.

Companion Coverage Ensures Compliance

The CCH Personal Loan Compliance Guide is the perfect companion to CCH’s popular Consumer Credit Guide, which focuses on sales financing, or credit purchase law. Carefully designed to work in tandem with the Consumer Credit Guide, the CCH Personal Loan Compliance Guide features in-depth coverage of information previously covered primarily in chart format in the Consumer Credit Guide. The CCH Personal Loan Compliance Guide provides the same sound guidance that users have long trusted the Consumer Credit Guide for in areas pertaining to segments of consumer loan law.

Availability and Pricing

The CCH Personal Loan Compliance Guide is available as a three-volume print reference, updated monthly. For more information or to order a copy of the Guide, call CCH at 800-248-3248 or click here. Single-copy price for the Guide is $645.

About CCH INCORPORATED

CCH INCORPORATED, Riverwoods, Ill., was founded in 1913 and has served four generations of business professionals and their clients. The company produces more than 700 electronic and print products for the tax, legal, securities, human resources, banking, health care and small business markets. CCH is a wholly owned subsidiary of Wolters Kluwer U.S. The CCH web site can be accessed at www.cch.com.

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