DCI News

Jefferson City, Mo. - Joe Crider, Jefferson City, Supervisor of Consumer Credit for the Missouri Division of Finance, was recently elected president of the National Association of Consumer Credit Administrators (NACCA). Crider was elected by his peers at NACCA's annual meeting on September 22-25, 2009 in Miami, Fla.

"Joe is an excellent choice to lead NACCA in the coming year," said Richard J. Weaver, commissioner of the Missouri Division of Finance.  "Joe is a consumer advocate, he is an expert on state laws governing the lending and financial products available to Missouri consumers, and he knows the challenges facing consumers in this difficult economic time."

NACCA was founded in 1935 to improve the supervision of consumer credit agencies and to facilitate the administration of laws governing these agencies. The association provides a forum for the exchange of information among its members and also educates the public through its Consumer Education Committee.

Crider is a graduate of Benedictine College and has been with the division since 1999. Since 2005 has overseen the Consumer Credit Section, which licenses, regulates and examines nearly 2,700 finance companies doing business in Missouri, including payday lenders, car title lenders, consumer installment lenders, banks, and many others selling consumer financing services. The Consumer Credit Section also handles consumer complaints filed with the division.

Crider was elected secretary-treasurer of NACCA in 2007 and vice-president in 2008. He is the second Division of Finance employee to serve as NACCA president. Crider's predecessor as supervisor of the Consumer Credit Section, Steven Geary, filled the post in 1997.

 The Division of Finance is an agency of the Missouri Department of Insurance, Financial Institutions and Professional Registration (DIFP).

 About the Missouri Department of Insurance, Financial Institutions & Professional Registration

The Missouri Department of Insurance, Financial Institutions and Professional Registration (DIFP) is responsible for consumer protection through the regulation of financial industries and professionals.  The department's seven divisions work to maintain consumer confidence by examining and monitoring industries and professions and by establishing coherent and evolving policies.  DIFP works to enforce state regulations both efficiently and effectively while encouraging a competitive environment for industries and professions to ensure consumers have access to quality products.