§6348. Interest rate after maturity.

Latest version.

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.

Notation

Cross References. Section 6348 is referred to in sections 6352, 6353 of this title.

                    
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