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, wherein the successful plaintiff will recover the attorney fees from the accused.
- The New Motor Vehicles Warranties Act provides the customer a right to seek replacement where the manufacturer cannot repair the new vehicle even after multiple attempts.
- The Acts also lay down that the maximum interest rate legally collected from consumers shall be 12%. Anything in excess will lead to forfeiture of the entire interest amount.