41. Next techniques should be blocked and you may a violation of one’s “Nj-new jersey Consumer Financing Licensing Operate,” parts step one by way of 49 out of P.L.1996, c.157 (C.C-1 ainsi que seq.):
a beneficial. No consumer financial should make any financing through to defense of every assignment away from otherwise order towards fee of any income, wages, commissions or any other compensation to have attributes obtained, or perhaps to getting won, neither shall such assignment otherwise acquisition be studied from the an excellent licensee at any time about the any unsecured loan, or even for brand new administration or payment thereof, and you will these assignment or buy hereafter therefore removed otherwise provided so you’re able to safe people financing from people licensee less than that it act are void as well as no effect.