Generally: You are accountable for contrasting if or not an automobile identity mortgage is right for you
Administrative Code
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10VAC5-210-31. Automotive identity lending brochure.
A great. An effective licensee should offer per candidate having a car or truck title mortgage which have a brochure that complies which have subsections C and you may D for the part.
B. The termination of for every single application shall have another receipt stating the second: „We accept which i have obtained the brand new pamphlet named „Motor vehicle Name Lending from the Commonwealth regarding Virginia – Debtor Legal rights and you may Commitments.“ Brand new acknowledgment are initialed and you can dated by the for every candidate to possess a motor vehicle title mortgage.
C. The brand new pamphlet are printed in about twelve-part kind of and get separate of another documents, data, or sees received otherwise furnished by the brand new licensee. The brand new pamphlet will secure the precise vocabulary recommended when you look at the subsection D regarding the area.