§ 6348. Interest rate after maturity.
102 words·~1 min read·
/pa/title-12/chapter-63/6348A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 6348. Interest rate after maturity.
If a balance remains unpaid at the expiration of the scheduled maturity date of a closed-end credit agreement, the rate of the finance charge for the period beginning at the date of the maturity until payment in full may not exceed the rate of the finance charge under the original agreement.
12c6348v
Cross References. Section 6348 is referred to in sections 6352, 6353 of this title.
12c6351h
SUBCHAPTER E
ENFORCEMENT AND PENALTIES
Sec.
6351. Willful and intentional violations.
6352. Noncompliance; costs and charges.
6353. Willful violations regarding finance charges.
6354. Corrections.
6355. Unfair trade practice.
12c6351s