What Is the North Carolina Usury Cap on Auto Financing, and Are You Paying Unnecessary Interest? A licensed lender should include the Consumer Finance Act notice. Any shopper comparing car loans in North Carolina should look for it. A sudden repair bill can push people to borrow in a hurry. Car repair financing often involves smaller balances North Carolina's rules are not one flat cap. The 16% limit is the starting point. Licensed lenders can charge more, but only within set tiers and fee limits. A little homework today can prevent years of unnecessary interest. Read The Article: https://hccloans.livejournal.com/428.html?newpost=1