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THE HISTORY OF JCFA
1969
April
Establishment of the "Japan Consumer Finance Association"
1970
May
Exchange and cooperation with NCFA (currently AFSA)
1975
May
Establishment of "Lenders Exchange Co., Ltd.", the first personal credit information bureau in Japan From that time, nationwide organization has been carried out.
1976
August
Publication of "Consumer Finance White Paper", the basic data of the trade
1978
February
Enactment of "Code of Conduct", self-imposed control of business Enforcement of "Voluntary Lowering Interest Rate"
August
JCFA tentative plan of "Small Loan Law" announced to prompt enactment.
1980
April
Inauguration of "Relief and Rehabilitation Organization" for protection and relief of consumers.
1982
June
Publication of "Kono yubi tomare", a picture book on credit Since then consumer education centered on awareness of money has been supported.
1983
November
Enforcement of the "Money Lending Control Law / Revised Law Concerning the Regulation of Receiving of Capital Subscription"
1989
April
"20th Anniversary Commemorating Establishment of JCFA" held.
1993
July
The first "Automatic Contract Machine" installed in Tokyo and Fukuoka Other companies followed suit, which helped the spread of ACMs throughout the country.
1995
December
"'95 Japan U.S. Consumer Education Seminar" held in Tokyo and Osaka
1996
August
Trainees sent to Iowa State University to attend the first "Monetary Management Counselor Seminar"
1997
June
Establishment of "JCFA Monetary Management Counseling Organization" "Counseling Research Society" established under the joint auspices of JCCF
September
A free consultation counter of the "Monetary Management Counseling Service", a consumer counseling organization opened in Tokyo and Osaka
1999
April
"30th Anniversary Commemorating Establishment of JCFA" held.
2000
June
Enforcement of "New Money Lending Control Act". The upper limit of interest rate was lowered to 29.2%
July
Participation in "AFSA/JCFA Finance Service Symposium"
2001
April
"JCFA Counseling Home-study Course" held.
October
Lecturers from Money Management Counseling Service, sent to "Nara Kenritsu University Extension Course of Moner Management".
2002
April
Public counseling facility "Japan Credit Counseling Assiciation" opened in Tokyo.
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