North Carolina Antitrust Laws, Credit card fraud laws, interest rates laws, lemon laws, etc. are the various consumer protection laws set up in North Carolina Consumer Laws for ensuring safe and reliable trade practices.
- Section 75-1 of the antitrust code provides for a private lawsuit to be claimed within four years, where in the successful plaintiff will be able to recover the attorney fees from the accused.
- The New Motor Vehicles Warranties Act provides the customer a right to seek replacement where the new vehicle cannot be repaired by the manufacturer even after multiple attempts.
- The Acts also lay down that the maximum interest rate that can be legally collected from consumers shall be 12%, anything in excess of which will lead to forfeiture of entire interest amount.
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