• Loss of city contracts.
• Loss of company right licenses. The newest regulation also offers to have forfeiture on the city of any town offer money that is used to advertise a premier-pricing or predatory loan.
• Area put prohibition: Area depositories need certainly to approve one neither it nor any representative try or will end up a premier-cost or predatory lender and really should reveal to your town certain predatory financing guidance and refinance finance inside fraction census tracts and you will related pointers.
• Town assets divestiture: Contained in this half a year out of observe that a business entity otherwise a keen affiliate was a leading-pricing or predatory lender, this new Board of Pensions and you will Senior years have to divest stock control regarding instance team, without coming opportunities tends to be made.

• Fines. Day-after-day where a debtor is recharged interest with the prominent level of a predatory loan try handled since the an alternate citation.